Table 3.3 -Jimbo Has a Comparative Advantage Over Ned in Producing a Ned

question 14

Multiple Choice

Table 3.3

-Jimbo has a comparative advantage over Ned in producing a good if

• A) Jimbo can produce more of the good than Ned can in a given time period.
• B) Jimbo has a lower opportunity cost of producing the good than does Ned.
• C) Jimbo has to trade off more than Ned does to produce the good.
• D) Jimbo has a higher opportunity cost of producing the good than does Ned.

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