Examlex

Solved

Table 2-10 Table 2-10 Shows the Output Per Month of Month

question 151

Multiple Choice

Table 2-10
Table 2-10 Table 2-10 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles. -Refer to Table 2-10. Which of the following statements is true? A) Fred has an absolute advantage in making both products. B) Barney has an absolute advantage in making both products. C) Barney has an absolute advantage in making pogo sticks and Fred in making unicycles. D) Barney has an absolute advantage in making unicycles and Fred in making pogo sticks. Table 2-10 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-10. Which of the following statements is true?

Definitions:

Related Questions

Q163: Presently, GDP is _ to compensate for

Q175: All of the following are examples of

Q179: In a two-good, two country world, if

Q234: Which of the following describes the accuracy

Q255: The United States has _ social insurance

Q392: Refer to Figure 2-15. What is the

Q406: Refer to Figure 2-8. If Vidalia chooses

Q409: Refer to Figure 2-5. If the economy

Q437: Refer to Figure 2-8. What is the

Q460: The production possibilities frontier model assumes which