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According to the information given, which of these places has the comparative advantage at producing bananas? (This question doesn't have a graph.)
OPPORTUNITY COST HONDURAS:
Produce 1 unit of bananas, give up 4/24 = 1/6 unit of oil.
Produce 1 unit of oil, give up 6 units of bananas
OPPORTUNITY COST TEXAS:
Produce 1 unit of bananas, give up 6 units of oil.
Produce 1 unit of oil, give up 4/24 = 1/6 units of bananas
Cutter Company makes and sells table saw, which are designed to be safe if used properly. Erin buys a Cutter saw and lends it to her neighbot Frank. To reach a toolbox on a high shelf in his garage, Frank props the saw at an angle against a cabinet a..
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