Consider the following table on output producible per 100 labor hours: Which of the following statements is correct?
A) All of the following are correct.
B) France has a comparative advantage in producing computers.
C) Italy's opportunity cost is 4 units of wine per computer.
D) France produces more computers than Italy does.
E) France produces more wine than Italy does.

Question

Consider the following table on output producible per 100 labor hours:  Which of the following statements is correct?
A) All of the following are correct. 
B) France has a comparative advantage in producing computers. 
C) Italy's opportunity cost is 4 units of wine per computer. 
D) France produces more computers than Italy does. 
E) France produces more wine than Italy does.

Quizplus · Accepted Answer

The Answer of Consider the following table on output producible per 100 labor hours:  Which of the following statements is correct?
A) All of the following are correct. 
B) France has a comparative advantage in producing computers. 
C) Italy's opportunity cost is 4 units of wine per computer. 
D) France produces more computers than Italy does. 
E) France produces more wine than Italy does.

Consider the Following Table on Output Producible Per 100 Labor