Business, 09.09.2020 09:01 landofliam30
Has an absolute advantage in the production of barley, and
has an absolute advantage in the production of alfalfa.
Lorenzo
pportunity cost of producing 1 bushel of alfalfa is
Neha
bushels of barley. Because Lorenzo has a
comparede advantage in the production of alfalfa, and
bushels of barley, whereas Neha's opportunity cost of producing 1 bushel of
opportunity cost of producing alfalfa than Neha,
has a comparative advantage in the production of barley.
has a
Answers: 2
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Has an absolute advantage in the production of barley, and
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