Comparative Advantage And Opportunity Cost
Kait can produce 8 television shows or 1 movie, whereas Jess can produce 6 television shows or 2 movies. Who should specialize in producing movies, and why?
A
There is not enough information to determine the answer
B
Jess, because she can produce the greatest number of movies
C
Jess, because her opportunity cost for each movie is 3 television shows
D
Kait, because her opportunity cost for a movie is 8 television shows