Table 2-14 Table 2-14 Shows the Number of Labor Hours

question 328

Multiple Choice

Table 2-14
Table 2-14 shows the number of labor hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2-14. Does either Ireland or Scotland have an absolute advantage and if so, in what product?

• A) Scotland only has an absolute advantage in producing guitars.
• B) Ireland only has an absolute advantage in producing guitars.
• C) Scotland has an absolute advantage in producing both products.
• D) Ireland only has an absolute advantage in producing motorcycles.