If Individual X Has a Comparative Advantage in Painting Fences

question 59

Multiple Choice

If individual X has a comparative advantage in painting fences and individual Y has a comparative advantage in carpentry,we know that

• A)individual X would use fewer hours to paint a fence than individual Y.
• B)individual Y is a better carpenter than X.
• C)we cannot tell whether specialization should occur without information on each person's absolute advantage.
• D)there is a lower opportunity cost (expressed in units of carpentry)for individual X to paint than for individual Y to paint.

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Definitions:

More Giving

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Received Something

The act of obtaining or getting something from another individual or entity.

More Attractive

refers to being more appealing or desirable in appearance, qualities, or traits in comparison to others.

Item Availability

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