Table 2.1.Output Possibilities of the U.S.and the U.K.

-Referring to Table 2.1,the United States has the absolute advantage in the production of:
A) Steel
B) Televisions
C) Both steel and televisions
D) Neither steel nor televisions

Question

Table 2.1.Output Possibilities of the U.S.and the U.K.
 
-Referring to Table 2.1,the United States has the absolute advantage in the production of:
A) Steel 
B) Televisions 
C) Both steel and televisions 
D) Neither steel nor televisions

Quizplus · Accepted Answer

The United States has a higher output in both steel and televisions compared to the United Kingdom, which indicates its absolute advantage in the production of both goods. Therefore, the best choice is C - Both steel and televisions.