PPF - Comparative Advantage and Absolute Advantage
2. Introductory Economic Models / PPF - Comparative Advantage and Absolute Advantage / Problem 9
Problem 9
Given the PPFs of two individuals, Person A can produce 40 units of good X or 20 units of good Y, and Person B can produce 30 units of good X or 30 units of good Y. Which person has the comparative advantage in producing good X?
