Question

Absolute & Comparative Advantage Practice Directions: a) Create a PPC for each problem b) Output or input? c) Who has AA? d) Who has CA? e) Who should import each good? 1. Sara gives 2 haircuts or 1 perm per hour. Megan gives 3 haircuts or 2 perms per hour. a. b. c. d. e. 2. Justin fixes 4 flats or 8 brakes per day. Tim fixes 5 flats or 1 brake per day. a. b. c. d. e. 3. Hannah takes 30 minutes to wash dishes and 1 hour to vacuum the house. Kevin takes 15 minutes to wash dishes and 45 minutes to vacuum. a. HINT: When you label the axis, show that the units are in TIME, not total number. a. b. c. d. e. 4. Americans produce 50 computers or 50 TVs per hour. Chinese produce 30 computers or 40 TVs per hour. a. b. c. d. e.

          Absolute & Comparative Advantage Practice
Directions:
a) Create a PPC for each problem
b) Output or input?
c) Who has AA?
d) Who has CA?
e) Who should import each good?
1. Sara gives 2 haircuts or 1 perm per hour. Megan gives 3 haircuts or 2 perms per
hour.
a.
b.
c.
d.
e.
2. Justin fixes 4 flats or 8 brakes per day. Tim fixes 5 flats or 1 brake per day.
a.
b.
c.
d.
e.
3. Hannah takes 30 minutes to wash dishes and 1 hour to vacuum the house. Kevin
takes 15 minutes to wash dishes and 45 minutes to vacuum.
a. HINT: When you label the axis, show that the units are in TIME, not total
number.
a.
b.
c.
d.
e.
4. Americans produce 50 computers or 50 TVs per hour. Chinese produce 30
computers or 40 TVs per hour.
a.
b.
c.
d.
e.

Absolute Comparative Advantage Practice
Directions:
a) Create a PPC for each problem
b) Output or input?
c) Who has AA?
d) Who has CA?
e) Who should import each good?
1. Sara gives 2 haircuts or 1 perm per hour. Megan gives 3 haircuts or 2 perms per
hour.
a.
b.
c.
d.
e.
2. Justin fixes 4 flats or 8 brakes per day. Tim fixes 5 flats or 1 brake per day.
a.
b.
c.
d.
e.
3. Hannah takes 30 minutes to wash dishes and 1 hour to vacuum the house. Kevin
takes 15 minutes to wash dishes and 45 minutes to vacuum.
a. HINT: When you label the axis, show that the units are in TIME, not total
number.
a.
b.
c.
d.
e.
4. Americans produce 50 computers or 50 TVs per hour. Chinese produce 30
computers or 40 TVs per hour.
a.
b.
c.
d.
e.

Added by Alex F.

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