The countries of Figistan and Blah are small island coun
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The countries of Figistan and Blah are small island countries in the South Pacific. Both produce fruit and timber. Each
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The countries of Figistan and Blah are small island countries in the South Pacific. Both produce fruit and timber. Each island has a labor force of 1,200. The following table gives production per month for each worker in each country a. Which country has an absolute advantage in the production of fruit? Which country has an absolute advantage in the production of timber? b. Which country has a comparative advantage in the production of fruit? of timber? c. Sketch the ppf
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