Dee can produced 28-CORN and 14-BREAD while Lee can produced 9-CORN and 27-BREAD.?

Question

1. Which of the two has a comparative advantage in producing CORN and BREAD?

2. Which of the two has a absolute advantage in producing CORN and BREAD?

3. What is the opportunity cost of Dee in producing CORN and BREAD?

4. What is the opportunity cost of Lee in producing CORN and BREAD?

Answer 1

1) ????

2) dee has abdolute advantage producing corn.

lee has absolute advantage producing bread.

3) opportunity cost of dee producing corn is, 14 bread

opportunity cost of dee producing bread is, 28 corn

4) opportunity cost of lee producing corn is, 27 bread

opportunity cost of lee producing bread is, 9 corn