Table 3-30 Assume That Falda and Varick Can Switch Between Producing Wheat

question 314

Multiple Choice

Table 3-30
Assume that Falda and Varick can switch between producing wheat and producing cloth at a constant rate.
-Refer to Table 3-30. Varick has an absolute advantage in the production of

• A)wheat.
• B)cloth.
• C)both goods.
• D)neither good.

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