File:Economics production possibility frontier comparison.jpg
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Economics_production_possibility_frontier_comparison.jpg (780 × 401 pixels, file size: 601 KB, MIME type: image/jpeg)
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Summary
| Description |
English: The U.S. PPF is flatter than the Brazil PPF implying that the opportunity cost of wheat in term of sugar cane is lower in the U.S. than in Brazil. Conversely, the opportunity cost of sugar cane is lower in Brazil. The U.S. has comparative advantage in wheat and Brazil has comparative advantage in sugar cane. |
| Date | |
| Source | https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C02_016.jpg) |
| Author | OpenStax College |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 20:01, 4 September 2017 | | 780 × 401 (601 KB) | Dave Braunschweig | User created page with UploadWizard |
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