Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods. (Figure: Comparative Advantage) Look at the figure Comparative Advantage.Eastland has an absolute advantage in producing:
A.oranges only.
B.peaches only.
C.both oranges and peaches.
D.neither oranges nor peaches.

Question

Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods.   (Figure: Comparative Advantage) Look at the figure Comparative Advantage.Eastland has an absolute advantage in producing: 
A.oranges only.
B.peaches only.
C.both oranges and peaches.
D.neither oranges nor peaches.

Quizplus · Accepted Answer

The Answer of Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods.   (Figure: Comparative Advantage) Look at the figure Comparative Advantage.Eastland has an absolute advantage in producing: 
A.oranges only.
B.peaches only.
C.both oranges and peaches.
D.neither oranges nor peaches.

Figure: Comparative Advantage Eastland and Westland Produce Only Two Goods, Boxes of Peaches