1.4 Comparative Advantage and Trade
Authored by Brad Sievers
Social Studies
12th Grade
Used 21+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is this an output or input problem?
input
output
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
What is Augus's opportunity cost of making one burrito? (a) tacos?
Enter a number....
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the comparative advantage in producing Burritos?
Brian
Angus
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the absolute advantage in producing Burritos?
Brian
Angus
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the absolute advantage in producing Tacos?
Brian
Angus
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who has the comparative advantage in producing Tacos?
Brian
Angus
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Brian's opportunity cost of making one taco?
1/4 Burrito
1/6 Burrito
1/2 Burrito
1/8 Burrito
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