Given the data in the chart above, which statement explains why these three countries would benefit from specialization and trad
e?
Select one:
a. Each country has an absolute advantage in one activity.
b. No country has an absolute advantage in all activities.
c. One country has a comparative advantage in all activities.
d. One country has an absolute advantage in all activities.
Select one:
a. Each country has an absolute advantage in one activity.
b. No country has an absolute advantage in all activities.
c. One country has a comparative advantage in all activities.
d. One country has an absolute advantage in all activities.
1 answer:
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Answer: 500 chicken feed and 200 careful calculators
Step-by-step explanation:
2x+3y=1,600
40x+50y=30,000
those are your first two equations
your first matrix equation for A is 2, 3,40,50 and B is 1,600 and 30,000 when you enter those in your calculator and 500 and 200 should be your result.
