{"id":10189,"date":"2014-06-04T23:18:29","date_gmt":"2014-06-05T03:18:29","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=10189"},"modified":"2014-06-05T19:31:18","modified_gmt":"2014-06-05T23:31:18","slug":"economics-60514","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2014\/06\/04\/economics-60514\/","title":{"rendered":"Economics – 6\/05\/14"},"content":{"rendered":"
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I.\u00a0 Bellwork:\u00a0\u00a0 Q&A \u2013 <\/b><\/p>\n\n\n\n\n\n
<\/td>\n\n

Country X<\/b><\/p>\n<\/td>\n

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Country Y<\/b><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/tr>\n
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Grapefruit<\/b><\/p>\n<\/td>\n

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10\/tons<\/b><\/p>\n<\/td>\n

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15\/tons<\/b><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/tr>\n
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Olives<\/b><\/p>\n<\/td>\n

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40\/tons<\/b><\/p>\n<\/td>\n

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30\/tons<\/b><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/b>Explain your answer and show\/compare both mathematical relationships<\/strong><\/p>\n

1. Which country has the absolute advantage in producing grapefruit?<\/p>\n<\/div>\n

2. Which country has the comparative advantage in producing grapefruit?<\/div>\n
3. Which country has the comparative advantage in producing olives?II.\u00a0 Objective:<\/strong><\/p>\n