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Graph 3-1 These Figures Illustrate the Production Possibilities Frontiers for Robinson Crusoe

question 81

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Graph 3-1
Graph 3-1   These figures illustrate the production possibilities frontiers for Robinson Crusoe and Friday with 12 hours of labour. -According to Graph 3-1: A) Robinson Crusoe has an absolute advantage in coconuts, and Friday has a comparative advantage in fish B) Robinson Crusoe has an absolute advantage in both goods, and Friday has a comparative advantage in coconuts C) Robinson Crusoe has an absolute advantage in fish, and Friday has a comparative advantage in coconuts D) Robinson Crusoe has an absolute advantage in neither goods, and Friday has a comparative advantage in fish
These figures illustrate the production possibilities frontiers for Robinson Crusoe and Friday with 12 hours of labour.
-According to Graph 3-1:


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