2. Comparative and absolute advantage Loc and Ashima are farmers. Each one owns an 18-acre
plot of land. The following table shows the amount of zucchinl and watermelon each farmer can
produce per year on a given acre. Each farmer chooses whether to devote all acres to producing
zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest.
has an absolute advantage in the production of zucchinl, and has an absolute advantage in the
production of watermelon. Loc's opportunity cost of producing 1 pound of watermelon is pounds
of zucchini, whereas Ashima's opportunity cost of producing 1 pound of watermelon is pounds
of zucchini, Because Loc has a opportunity cost of producing watermelon than Ashima, has a
comparative advantage in the production of watermelon, and has a comparative advantage in the
production of zucchini,.
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
2. Comparative and absolute advantage Loc and Ashima are farmers. Eac.pdf
1. 2. Comparative and absolute advantage Loc and Ashima are farmers. Each one owns an 18-acre
plot of land. The following table shows the amount of zucchinl and watermelon each farmer can
produce per year on a given acre. Each farmer chooses whether to devote all acres to producing
zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest.
has an absolute advantage in the production of zucchinl, and has an absolute advantage in the
production of watermelon. Loc's opportunity cost of producing 1 pound of watermelon is pounds
of zucchini, whereas Ashima's opportunity cost of producing 1 pound of watermelon is pounds
of zucchini, Because Loc has a opportunity cost of producing watermelon than Ashima, has a
comparative advantage in the production of watermelon, and has a comparative advantage in the
production of zucchini,
