Answered

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alpha can produce either 18 oranges or 9 apples an hour, while beta can produce either 16 oranges or 4 apples an hour. which of the following statements is true?

Sagot :

If alpha specialize in growing apples beta specialize in growing oranges the both could gain profit by the trade is true for the statement

Comparative advantage describes a situation in which a person or a country involved in trade processes may not have an absolute advantage, but can still benefit from trade on a comparative basis.

The nations frequently trade goods based on their comparative advantages so that both parties can benefit from trade.

According to the stated information,

Alpha can produce either 18 oranges or 9 apples per hour, while beta can only produce 16 oranges or 4 apples per hour, it is stated.

so ,If alpha specialize in growing apples and beta specialize in growing oranges the both could gain profit by the trade

Hence, option C is true

To know more about Comparative advantage here

https://brainly.com/question/28238063

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