Table 3-11Assume that Jamaica and Norway can switch between…
Table 3-11Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. Output Produced in One Day CoolersRadiosJamaica126Norway243Refer to Table 3-11. Assume that Jamaica and Norway each has 4 days available for production. Originally, each country divided its time equally between the production of coolers and radios. Now, each country spends all its time producing the good in which it has a comparative advantage. As a result, the total output of coolers increased by