If Leslie can produce two pairs of pants in an hour while Eva can make one pair in an hour,then
A) Leslie has a comparative advantage.
B) Eva has an absolute advantage.
C) Leslie has an absolute advantage.
D) Eva has a comparative advantage.
E) Leslie has a comparative disadvantage.
Correct Answer:
Verified
Q3: Q11: Q15: If a person has the lowest opportunity Q17: In general,individuals should specialize in producing those Q19: If a nation can produce a good Q21: Lou and Alex live together and share Q24: A graph that illustrates the maximum amount Q27: Of the labelled points,_ are attainable. Q29: Having a comparative advantage in a particular Q32: Jane can produce 50 pizzas or 100
A) F
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