If both Japan and the United States directed all of their resources to the production of laptops, the United States would produce a greater quantity laptops in any period of time. Given this information, which of the following is necessarily true?
Japan has an absolute advantage in laptop production.
Japan has an absolute advantage in laptop production.

Japan has a comparative advantage in laptop production.
Japan has a comparative advantage in laptop production.

A) The United States has a comparative advantage in laptop production.
B) The United States has a comparative advantage in laptop production.
C) The United States has an absolute advantage in laptop production.
D) The United States has an absolute advantage in laptop production.

Question

05-12-2022
Social Studies

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If both Japan and the United States directed all of their resources to the production of laptops, the United States would produce a greater quantity laptops in any period of time. Given this information, which of the following is necessarily true?
Japan has an absolute advantage in laptop production.
Japan has an absolute advantage in laptop production.

Japan has a comparative advantage in laptop production.
Japan has a comparative advantage in laptop production.

A) The United States has a comparative advantage in laptop production.
B) The United States has a comparative advantage in laptop production.
C) The United States has an absolute advantage in laptop production.
D) The United States has an absolute advantage in laptop production.

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