Troy and Sparta Using equal amounts of resources, the city-states of Sparta and Troy can each produce the following comb

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Troy and Sparta Using equal amounts of resources, the city-states of Sparta and Troy can each produce the following comb

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Troy And Sparta Using Equal Amounts Of Resources The City States Of Sparta And Troy Can Each Produce The Following Comb 1
Troy And Sparta Using Equal Amounts Of Resources The City States Of Sparta And Troy Can Each Produce The Following Comb 1 (37.88 KiB) Viewed 32 times
Troy and Sparta Using equal amounts of resources, the city-states of Sparta and Troy can each produce the following combinations of toy horses and bushels of olives listed in the table below. Their PPCs are linear. Toy Horses 40 30 Olives (bushels) 40 10 Sparta Troy A. Which city-state has an absolute advantage in the production of olives? Explain. B. Which city-state has an absolute advantage in the production of toy horses? Explain. C. Which city-state has a comparative advantage in the production of olives? Explain. D. With trade between these two city-states, which city-state will import food? Explain.
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