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| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
2. Comparative and absolute advantage
Hubert and Kate are farmers. Each one owns a 20-acre plot of land. The following table shows the amount of alfalfa and barley each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing alfalfa or barley or to produce alfalfa on some of the land and barley on the rest.



Barley (Bushels per acre) Alfalfa (Bushels per acre) 40 28 Hubert Kate On the following graph, use the blue line (circle symbol) to pl
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