Multiple Choice
-The above table shows the number of pencils or pens that could be produced by Don and Bob in an hour. This schedule shows that
A) Bob has a comparative advantage in the production of pencils.
B) Don has a comparative advantage in the production of both pencils and pens.
C) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens.
D) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens.
Correct Answer:
Verified
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