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-Refer to Table 3-3

Question 74

Multiple Choice

  -Refer to Table 3-3. What does each of the two producers have a comparative or absolute advantage in? A)  Maria has an absolute advantage in coats, and Courtney has a comparative advantage in sweaters. B)  Maria has an absolute advantage in both goods, and Courtney has a comparative advantage in coats. C)  Maria has an absolute advantage in sweaters, and Courtney has a comparative advantage in sweaters. D)  Maria has an absolute advantage in neither good, and Courtney has a comparative advantage in sweaters.
-Refer to Table 3-3. What does each of the two producers have a comparative or absolute advantage in?


A) Maria has an absolute advantage in coats, and Courtney has a comparative advantage in sweaters.
B) Maria has an absolute advantage in both goods, and Courtney has a comparative advantage in coats.
C) Maria has an absolute advantage in sweaters, and Courtney has a comparative advantage in sweaters.
D) Maria has an absolute advantage in neither good, and Courtney has a comparative advantage in sweaters.

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