Tony and Patty produce skis and snowboards The tables show t

Tony and Patty produce skis and snowboards. The tables show their production possibilities per week. Each week, Tony produces 6 snowboards and 12 skis and Patty produces 3 snowboards and 6 skis. Tony\'s opportunity cost of a snowboard is skis. Patty\'s opportunity cost of a snowboard is skis. Tony has a comparative advantage in producing snowboards. True False Tony has a comparative advantage in producing skis. True False Tony\'s Production Possibilities Patty\'s Production Possibilities

Solution

True for both the questions.

as when we caluclate the comparative cost for snowboard it is 2:1 and for skies is 2:1 for tony and patty.

so the tony has a compartive advantage in both the products.