Mary can wax 6 cars per day or wash 4 cars per day and John can wax 3 cars per day or wash 3 cars per day. what is each persons opportunity cost of waxing one car who has an absolute advantage of waxing cars who has an absolute advantage of washing cars who has comparative advantage of washing cars

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section3.2: Comparative Advantage: The Driving Force Of Specilization
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Mary can wax 6 cars per day or wash 4 cars per day and John can wax 3 cars per day or wash 3 cars per day.

what is each persons opportunity cost of waxing one car

who has an absolute advantage of waxing cars

who has an absolute advantage of washing cars

who has comparative advantage of washing cars

 

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