Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

John can produce 5 wallets or 3 bags per hour. His competitor Jerry can produce 6 wallets or 3 bags per hour.
What is John ’s opportunity cost of produce 5 wallets? What is Jerry ’s?

Who has an absolute advantage in producing bags?

Who has a comparative advantage producing wallets?

Sagot :