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Blue Violet's Sweet Pansy's

Question 326

Multiple Choice

Blue Violet's Sweet Pansy's Blue Violet's Sweet Pansy's   -Two countries, Blue Violet and Sweet Pansy, produce only two goods: teapots and coffeepots. The table above gives their production possibilities. A)  Sweet Pansy has a comparative advantage in teapots. B)  Sweet Pansy has an absolute advantage in teapots. C)  Blue Violet has a comparative advantage in teapots. D)  Both have a comparative advantage in teapots.
-Two countries, Blue Violet and Sweet Pansy, produce only two goods: teapots and coffeepots. The table above gives their production possibilities.


A) Sweet Pansy has a comparative advantage in teapots.
B) Sweet Pansy has an absolute advantage in teapots.
C) Blue Violet has a comparative advantage in teapots.
D) Both have a comparative advantage in teapots.

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