Answer:
B. a comparative advantage in banana production
Attached table with missing information:
Explanation:
Guatemala's economy opportunity cost:
50 orange / 100 banana = 0.5 opportunity cost of bananas
100 orange /50 banana = 2 opportunity cost of orange
Mexico's economy opportunity cost:
200 orange /200 banana = 1 opportunity cost of bananas
200 banana /200 orange = 1 opportunity cost of orange
The opportunity cost for bananas (production of orange resigned) is lower in Guatemala than in Mexico's. Thus there is a comparative advantage.
Answer:
Ecuador can produce bananas at a lower opportunity cost than the United States.
Explanation:
Ecuador has a lower opportunity cost in producing bananas because it can produce them more efficiently than other products it could choose to produce.
