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Business, 18.10.2019 18:30 liltonio

Suppose that auto workers in south korea can produce components used to make cars at the rate of 10 sets of components per worker per day and can assemble cars at the rate of 4 cars per worker per day. in north korea, auto workers can produce components at the rate of 7 sets of components per day and can assemble cars at the rate of 2 cars per worker per day. what is the opportunity cost of car assembly in terms of component production in each country? the opportunity cost of a car assembly in south korea is sets of components and in north korea is sets of components. (enter your responses rounded to two decimal places.) lf one economy exports components and the other exports assembled cars, which economy will export cars according to the theory of comparative advantage? according to the theory of comparative advantage, should assemble and export cars.

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