Question

Assume that each person produces their his/her own food as per the table below. Each person can work for 9 hours in a day.

person bread cheese wine
Tina 4 /hr 3 /hr 1 /hr
Eric 2 /hr 2 /hr 2 /hr
Emilia 3 /hr 3 /hr 1 /hr

Who has the absolute advantage for each good?

Who has the comparative advantage for each good?

 

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