Travis Can Mow a Lawn in Two Hours or He

question 33

Multiple Choice

Travis can mow a lawn in two hours or he can trim a tree in one hour.Ricardo can mow a lawn in three hours or he can trim a tree in two hours.

• A)Travis has an absolute advantage over Ricardo in trimming trees.
• B)Travis has a comparative advantage over Ricardo in mowing lawns.
• C)Ricardo has a comparative advantage over Travis in trimming trees.
• D)All of the above are correct.

---

Definitions:

Indifference Curves

Graphical representations of different bundles of goods between which a consumer is indifferent, showing preferences.

Consumption Bundle

A set of goods or services that an individual considers purchasing, given their income and the prices of those goods/services.

Indifference Curves

Graphs representing different combinations of goods that give a consumer equal levels of satisfaction, thereby indicating their preferences.

Bundle

A combination of different goods or services that are sold together as a single package.