(Answered) Suppose that in japan they can produce 4 cars in 8 hours

Management Studies

Suppose that in japan they can produce 4 cars in 8 hours and 20 HD tvs in 10 hours. The US can produce 4 cars in 6 hours and 20 tvs in 5 hours. Explain which country has a comparative advantage in producing tvs. In your answer be sure to be very specific as to how you identified the comparative advantage in each country and define how one goes about identifying comparative advantage.

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Business Management, Management Studies

Category:- Business Management
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