Subject:
Determining Comparative Advantage For each of the following scenarios, complete the charts and answer the questions that accompany each chart. 1. Anna and Barry can grow the following amounts of potatoes and cabbage with a week of labor. Production Possibilities Chart Cabbages per Week Potatoes per Week Anna 100 200 Barry 120 150 a. Who has the absolute advantage in growing cabbages? ___barry_______ in growing potatoes? ____anna____ b. Complete the following opportunity cost chart to determine the comparative advantage of growing potatoes and cabbage between Anna and Barry. Opportunity Cost Chart (based on cost of specializing in production of only one product) Cabbages Potatoes Anna
