Solved

Table 2-9 Table 2-9 Shows the Number of Labor Hours Required to of Labor

Question 147

Multiple Choice
Table 2-9 Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras. -Refer to Table 2-9.Does either Guatemala or Honduras have an absolute advantage and if so, in what product? A)Guatemala only has an absolute advantage in producing canoes. B)Honduras only has an absolute advantage in producing canoes. C)Guatemala has an absolute advantage in producing both products. D)Honduras only has an absolute advantage in producing sailboats.

Table 2-9
Table 2-9 Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras. -Refer to Table 2-9.Does either Guatemala or Honduras have an absolute advantage and if so, in what product? A) Guatemala only has an absolute advantage in producing canoes. B) Honduras only has an absolute advantage in producing canoes. C) Guatemala has an absolute advantage in producing both products. D) Honduras only has an absolute advantage in producing sailboats.
Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.Does either Guatemala or Honduras have an absolute advantage and if so, in what product?


A) Guatemala only has an absolute advantage in producing canoes.
B) Honduras only has an absolute advantage in producing canoes.
C) Guatemala has an absolute advantage in producing both products.
D) Honduras only has an absolute advantage in producing sailboats.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q142: Table 2-10
Table 2-10 </p></div><svg width=

Q143: Rayburn Reed is a highly talented photographer.He

Q144: Table 2-9
Table 2-9 </p></div><svg width=

Q145: Table 2-9
Table 2-9 </p></div><svg width=

Q146: Table 2-8
Table 2-8 </p></div><svg width=

Q148: Table 2-10
Table 2-10 </p></div><svg width=

Q149: If the best surgeon in town is

Q150: Table 2-8
Table 2-8 </p></div><svg width=

Q151: Table 2-9
Table 2-9 </p></div><svg width=

Q152: Table 2-8
Table 2-8 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents