question due tomorrow at 3pm pacific

profileHypnoticgemini

  1. Consider the following table on labor hours needed to produce one unit of output for two different goods in two different countries:



     United StatesFrance
    Computer6050
    Wine2025


    1. The opportunity cost of a computer in France is __________.
    2. The opportunity cost of a computer in the United States is __________.
    3. The opportunity cost of one unit of wine in France is __________.
    4. The opportunity cost of one unit of wine in the United States is __________.
    5. France possesses comparative advantage in the production of __________.
    6. The United States possesses comparative advantage in the production of __________.

     

 

 

 

You answer should be at least 100 words

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