Examlex

Solved

Figure 3-2

question 26

Multiple Choice

Figure 3-2 Figure 3-2     -Refer to Figure 3-2. Which of the following is true for Cliff and Paul? A) Paul has a comparative advantage in both wheat and corn. B) Paul has an absolute advantage in wheat and Cliff has a comparative advantage in corn. C) Cliff has a comparative advantage in wheat and Paul has a comparative advantage in corn. D) Cliff has a comparative advantage in both wheat and corn. Figure 3-2     -Refer to Figure 3-2. Which of the following is true for Cliff and Paul? A) Paul has a comparative advantage in both wheat and corn. B) Paul has an absolute advantage in wheat and Cliff has a comparative advantage in corn. C) Cliff has a comparative advantage in wheat and Paul has a comparative advantage in corn. D) Cliff has a comparative advantage in both wheat and corn.
-Refer to Figure 3-2. Which of the following is true for Cliff and Paul?


Definitions:

Bushels

A unit of volume that is used for measuring agricultural produce, such as grain, fruit, or vegetables.

Harvest

The process of gathering ripe crops from the fields.

Grain

The seeds of cereal crops such as wheat, rice, corn, which are used as food for humans and livestock.

Rats

Small to medium-sized rodents that are known for their strong survival skills and adaptability to various environments.

Related Questions