determine comparative advantage of Robinson crusoe and Friday
Answers
Answered by
2
Answer:
Answered by
1
Answer:
==> In camparing the marginal opportunity cost for gathering coconuts.
==> Friday is 1.5 fish per coconut.
==>while Robinson is only 2/3 of a fish per coconut.
==> Robinson has camperative advantage in coconut gathering while Friday has camperative advantage in fishing.
hope it's help you
Similar questions