The international production set for Nigeria and Austria is:
\(\begin{array}{c|c}
Products & Nigeria & Austria \\
\hline
Cocoa & 20 \text{tonnes} & 12 \text{tonnes}\\
\hline
Lace & 10 \text{meters} & 8 \text{meters} \\
\end{array}\)
from the table, it can be deduced that?
a
Nigeria should produce cocoa and lace
b
Austria should produce cocoa and lace
c
Nigeria can benefit from producing lace only
d
Nigeria should not produce any of the products because of her relative disadvantages
e
Austria should produce lace and Nigeria should produce cocoa
Explanation
Correct Option
eNo explanation available
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Discussions (4)
Mhiztazhalensky
5 years ago
The answer should be A because Nigeria has an absolute advantage in both cocoa and lace
midasclub
7 years ago
how come...pls wu can explain diz question for me... help pls... I tink d ansa shud be option a
