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Kristen and Anna own a small business making and selling wristbands and pot holders. Kristen can make 15 wristbands or 3 pot holders per hour, while Anna can make 12 wristbands or 2 pot holders per hour. Kristen has a comparative advantage in pot holders while Anna has an advantage in wristbands. If each works half their time on each item, they would produce a total of 270 wristbands and 50 pot holders, for a joint revenue of $570 if sold at given prices. Introducing a technology that doubles bread producti

Author

ddv

Language

EN