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Leya [2.2K]
2 years ago
10

The ___________ suggests that they can increase their total output of these two goods if jimmy focuses his production on footbal

ls while james focuses his production on athletic shoes.
Social Studies
1 answer:
Gnesinka [82]2 years ago
4 0

The Law of Comparative Advantage  suggests that they can increase their total output of these two goods if jimmy focuses his production on footballs while James focuses his production on athletic shoes.

<h3>What is Law of Comparative Advantage?</h3>

Comparative advantage can be described as the  economy's ability  that a comp[any posses in produce a particular good or service at a lower opportunity cost  compare to her trading partners.

Therefore, Law of Comparative Advantage  suggests that they can increase their total output of these two goods if jimmy focuses his production on footballs while James focuses his production on athletic shoes.

Learn more about Law of Comparative Advantage at:

brainly.com/question/12291750

#SPJ1

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