{"id":5648,"date":"2011-05-26T21:33:11","date_gmt":"2011-05-27T01:33:11","guid":{"rendered":"http:\/\/blog.dearbornschools.org\/farhoua\/?p=5648"},"modified":"2011-05-26T21:33:11","modified_gmt":"2011-05-27T01:33:11","slug":"economics-52711","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2011\/05\/26\/economics-52711\/","title":{"rendered":"Economics – 5\/27\/11"},"content":{"rendered":"

I.\u00a0 Bellwork:\u00a0\u00a0 Q&A – Show work for #3&#4
\n<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
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Absolute & Comparative Worksheet<\/strong><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/tr>\n
<\/strong><\/td>\nCountry X<\/strong><\/td>\nCountry Y<\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/strong><\/td>\n <\/strong><\/td>\n <\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Grapefruit<\/strong><\/td>\n10\/tons<\/strong><\/td>\n15\/tons<\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Olives<\/strong><\/td>\n40\/tons<\/strong><\/td>\n30\/tons<\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/strong><\/td>\n <\/strong><\/td>\n <\/strong><\/td>\n<\/td>\n<\/td>\n<\/tr>\n
1. Which country has the absolute advantage in producing grapefruit?<\/td>\n<\/tr>\n
2. Which country has the absolute advantage in producing olives?<\/td>\n<\/tr>\n
3. Which country has the comparative advantage in producing grapefruit?<\/td>\n<\/tr>\n
4. Which country has the comparative advantage in producing olives?<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

II.\u00a0 Objective:<\/strong><\/p>\n