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Comparative Advantage Practice Test
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Q1
Two workers, Producer A and Producer B, can each produce either Good X or Good Y in a day. Based on the production data in the table (maximum output per day), which producer has the comparative advantage in producing Good Y?
Producer Max Good X per day Max Good Y per day A 9 3 B 6 4
Two workers, Producer A and Producer B, can each produce either Good X or Good Y in a day. Based on the production data in the table (maximum output per day), which producer has the comparative advantage in producing Good Y?
| Producer | Max Good X per day | Max Good Y per day |
|---|---|---|
| A | 9 | 3 |
| B | 6 | 4 |