Posted by **Stephanie** on Monday, September 13, 2010 at 12:27am.

Assume Nebraska and Virginia each have 100 acres of farmland. The following table gives hypothetical figures for yield per acre in the two states:

Nebraska Virginia

Wheat 15 5

Cotton 7 4

Who has the comparative advantage in the production of wheat?

*For this answer, I think it is Nebraska but I am confused

Who has the comparative advantage in the production of cotton?

*for this answer, I think it is Virginia but I am confused

What is the marginal rate of transformation when the two states are producing a total of 200 units of corn?

- college economics -
**kl**, Wednesday, May 21, 2014 at 12:50am
lkhgiuygkl

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