Economics 9708 · AS & A Level · Production possibility curves

Production possibility curves — practice question

The table illustrates the capacity of two countries to produce two commodities when all their resources are devoted to that product. Which statement is correct?

  • ACountry X has an absolute advantage in wheat.
  • BCountry Y has an absolute advantage in wheat.
  • CCountry X has a comparative advantage in wheat.
  • DCountry Y has a comparative advantage in wheat.

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