Suppose Carmina and Allen both produce two products - wallets and shoes made out of fine shell cordovan leather. The amounts they can produce in a day are below. Assume Carmina is currently producing...

3Suppose Carmina and Allen both produce two products - wallets and shoes made out of fine shell cordovan leather. The amounts they can produce in a day are<br>below.<br>Assume Carmina is currently producing 1 wallet and 9 pairs of shoes, while Allen is currently producing 3 wallets and 8 pairs of shoes.<br>Carmina<br>Allen<br>Wallets<br>Shoes<br>Wallets<br>Shoes<br>12<br>20<br>1<br>9<br>16<br>6<br>2<br>12<br>3<br>3<br>3<br>8<br>4<br>4<br>4<br>5<br>Who has the absolute advantage in wallets? Who has it in shoes?<br>

Extracted text: Suppose Carmina and Allen both produce two products - wallets and shoes made out of fine shell cordovan leather. The amounts they can produce in a day are below. Assume Carmina is currently producing 1 wallet and 9 pairs of shoes, while Allen is currently producing 3 wallets and 8 pairs of shoes. Carmina Allen Wallets Shoes Wallets Shoes 12 20 1 9 16 6 2 12 3 3 3 8 4 4 4 5 Who has the absolute advantage in wallets? Who has it in shoes?

Jun 07, 2022
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