Examlex

Solved

-Refer to Table 3-3

question 67

Multiple Choice

  -Refer to Table 3-3. What does each of the two producers have a comparative or absolute advantage in? A)  Maria has a comparative advantage in sweaters, and Courtney has an absolute advantage in neither good. B)  Maria has a comparative advantage in coats, and Courtney has an absolute advantage in sweaters. C)  Maria has a comparative advantage in sweaters, and Courtney has an absolute advantage in coats. D)  Maria has a comparative advantage in coats, and Courtney has an absolute advantage in both goods.
-Refer to Table 3-3. What does each of the two producers have a comparative or absolute advantage in?


Definitions:

Related Questions