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Refer to the Figure PPF and Comparative Advantage

Question 31

Multiple Choice

Refer to the figure PPF and Comparative Advantage. The figure shows the production possibility frontier for producing baseball bats and bobblehead dolls in Stewarton and Colberton. If both countries have identical resources, then Colberton has a comparative advantage in producing_____ and has an absolute advantage in:

Figure: PPF and Comparative Advantage
Refer to the figure PPF and Comparative Advantage. The figure shows the production possibility frontier for producing baseball bats and bobblehead dolls in Stewarton and Colberton. If both countries have identical resources, then Colberton has a comparative advantage in producing_____ and has an absolute advantage in: ​ Figure: PPF and Comparative Advantage   A)  bats; bats. B)  dolls; neither good. C)  dolls; dolls. D)  bats; neither good.


A) bats; bats.
B) dolls; neither good.
C) dolls; dolls.
D) bats; neither good.

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