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ew History Bookmarks People Window Help ional University x: Week One-EC0203 Pri

ID: 1120090 • Letter: E

Question

ew History Bookmarks People Window Help ional University x: Week One-EC0203 Pri × T-TakeTest: Assignment-) Search Results ure https://nu.blackboard.com/webapps/assessment/take/launch.jsp?course assessment id- 169593 1&course; id-_673271& QUESTION 1 If they spend all night writing computer programs, Laurence can write 10 programs, and Carrie Anne can write 5.f they spend all night making sunglasses, Laurence can make 6 pairs, and Carrie Anne can make 4. We know that has a comparative advantage in . A. Carrie Anne; programs OB. Carrie Anne; both programs and sunglasses ° C-Laurence; programs D. Laurence; both programs and sunglasses QUESTION 2 If the opportunity cost of manufacturing machinery is higher in the United States than in Britain and the opportunity cost of manufacturing sweaters is lower in the United States than in Britain, then the United States will: n A. export sweaters to Britain and import machinery from Britain.

Explanation / Answer

ans 1= option c

Laurence foregoes .6 sunglasses if he writes another computer program. Carrie Anne foregoes 4/5=.8.The former’s opportunity cost of penning computer programs is lower than that of the latter. Laurence has a comparative advantage in writing computer programs.