Question 1 otu
3 points
suppose company a can produce shovels for $8 each, axes for 512 each, and
rakes for $15 each. company b can produce shovels for $10 each, axes for
$11 each, and rakes for $17 each. company a sells each item for $5 more
than its production cost. company b sells shovels for $13, axes for $15, and
rakes for $18
which of the following statements is true?
o
a. company b has a comparative advantage in the production of
shovels
b. company a has a comparative advantage in the production of
rakes
c. company has a comparative advantage in the production of
d. company a has a comparative advantage in the production of
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