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nexus9112 [7]
3 years ago
10

Assume Italy and Libya can both produce grain and dates, and that the only limited resource is the farming labor force, meaning

that land, water, and all other resources are plentiful in both countries. Each farmer in Italy can produce 10 t of grain or 5 t of dates in a season. Each farmer in Libya can also produce 10 t of grain or 25 t of dates. Please answer the four questions. Which country has the absolute advantage in producing dates
Business
1 answer:
elixir [45]3 years ago
8 0

Answer and Explanation:

Since each farmer in Italy can produce 10ton of grain or 5ton of dates while on the other hand each farmer in libya can produce 10ton of grain or 25ton of dates

So based on the above information Libya produce more as compared with the Italy

Therefore libya has an absolute advantage in producing dates

Hence, the same is to be considered

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Answer:

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3 years ago
PA4-3 (Algo) Selecting Cost Drivers, Assigning Costs Using Activity Rates [LO 4-1, 4-3, 4-4, 4-6 ] Harbour Company makes two mod
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Answer:

Instructions are listed below.

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