Figure 3-21
Uzbekistan's Production Possibilities Frontier
Azerbaijan's Production Possibilities Frontier
-Refer to Figure 3-21.Azerbaijan has an absolute advantage in the production of
A)bolts and a comparative advantage in the production of bolts.
B)bolts and a comparative advantage in the production of nails.
C)nails and a comparative advantage in the production of bolts.
D)nails and a comparative advantage in the production of nails.

Question

Figure 3-21
Uzbekistan's Production Possibilities Frontier
Azerbaijan's Production Possibilities Frontier  
-Refer to Figure 3-21.Azerbaijan has an absolute advantage in the production of
A)bolts and a comparative advantage in the production of bolts. 
B)bolts and a comparative advantage in the production of nails. 
C)nails and a comparative advantage in the production of bolts. 
D)nails and a comparative advantage in the production of nails.

Quizplus · Accepted Answer

The Answer of Figure 3-21
Uzbekistan's Production Possibilities Frontier
Azerbaijan's Production Possibilities Frontier  
-Refer to Figure 3-21.Azerbaijan has an absolute advantage in the production of
A)bolts and a comparative advantage in the production of bolts. 
B)bolts and a comparative advantage in the production of nails. 
C)nails and a comparative advantage in the production of bolts. 
D)nails and a comparative advantage in the production of nails.

Figure 3-21 Uzbekistan's Production Possibilities Frontier