-Refer to Table 3-1

question 82

Multiple Choice

-Refer to Table 3-1. What does each producer have an absolute advantage in?

• A) The farmer has an absolute advantage in meat, and the rancher has an absolute advantage in potatoes.
• B) The farmer has an absolute advantage in potatoes, and the rancher has an absolute advantage in meat.
• C) The rancher has an absolute advantage in neither good, and the farmer has an absolute advantage in both goods.
• D) The farmer has an absolute advantage in neither good, and the rancher has an absolute advantage in both goods.

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