Exhibit 2-1 John and Harry's Production Possibilities for Ironing Shirts and Typing Papers 
Exhibit 2-1 shows the production possibilities for ironing shirts and typing papers for John and Harry.Each has 5 hours per week to spend on these tasks.Which of the following statements is correct?
A) Harry has a comparative advantage in ironing.
B) Harry has a comparative advantage in typing.
C) Harry has an absolute advantage in typing.
D) Harry has an absolute advantage in ironing.
E) Neither can gain from specialization and exchange.
Correct Answer:
Verified
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