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timofeeve [1]
3 years ago
14

Guatemala has A. a comparative advantage in orange production. B. a comparative advantage in banana production. C. an absolute a

dvantage in banana production. D. an absolute advantage in orange production.

Business
1 answer:
DochEvi [55]3 years ago
4 0

Answer:

B. a comparative advantage in banana production

<u>Attached table with missing information:</u>

Explanation:

<em>Guatemala's economy opportunity cost:</em>

50 orange / 100 banana = 0.5 opportunity cost of bananas

100 orange /50 banana = 2 opportunity cost of orange

<em>Mexico's economy opportunity cost:</em>

200 orange /200 banana = 1 opportunity cost of bananas

200 banana /200 orange = 1 opportunity cost of orange

The opportunity cost for bananas (production of orange resigned) is lower in Guatemala than in Mexico's. Thus there is a comparative advantage.

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If apple, which controls over 75 percent of digital music sales, was able to dictate song pricing for years, this implies that: Companies with strong network effects tend to enjoy substantial bargaining power over partners.

<h3>What is bargaining power?</h3>

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Learn more about bargaining power here: brainly.com/question/3169605

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8 0
3 years ago
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The ethical, legislative, social initiative is the agency responsible for
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