Posted by G on Tuesday, May 6, 2008 at 8:46pm.
I presume that the numbers mean some sort of production in a given period (e.g., "Ben-cones 8" means the number of cones Ben can produce in a time period)
So then, the opportunity cost for Ben to produce 8 cones is 2 ice cream, or 4 cones=1 ice cream. For jerry 1.5 cones=1 ice cream. Ben has a comparative advantage in cones, jerry has a compartitive advantage in ice cream.
In one period, Ben could produce 8 cones to Jerry's 6, Ben has an absolute advantage in producine cones.
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