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Business, 18.06.2021 01:20 javontiye226

Easy Two countries produce coal and iron. Country A can produce a maximum of
500 tons of coal per day or 250 tons of iron. Country B can produce a
maximum of 900 tons of coal per day or 300 tons of iron. Which statement
best describes this situation?
A. Country A has an absolute advantage producing coal.
B. Country B has a comparative advantage producing iron.
C. Country A has an absolute advantage producing iron.
D. Country B has a comparative advantage producing coal.

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Answers: 1

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Easy Two countries produce coal and iron. Country A can produce a maximum of
500 tons of coal...
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