History, 23.01.2021 08:50 Falconpride4079

If Annie can make 2 cookies per hour or 10 donuts per hour and Miguel can produce 4 cookies per hour and 12 donuts. Which of the following is true?
a. Annie has an absolute advantage in the production of cookies
b. Annie opportunity cost for producing one donut is 5 cookies
C. Miguel has a comparative advantage in the production of both products
d. Annie has a comparative advantage in the production of cookies
e. Miguel's opportunity cost for producing one cookie is 3 donuts

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