Given the production possibility tables for First and Second Bakeries shown, we can determine that:
A) First Bakery has a comparative advantage in the production of both goods.
B) Second Bakery has a comparative advantage in the production of pies.
C) First Bakery has a comparative advantage in the production of pies.
D) neither bakery has a comparative advantage.

Question

Given the production possibility tables for First and Second Bakeries shown, we can determine that: 
A) First Bakery has a comparative advantage in the production of both goods. 
B) Second Bakery has a comparative advantage in the production of pies. 
C) First Bakery has a comparative advantage in the production of pies. 
D) neither bakery has a comparative advantage.

Quizplus · Accepted Answer

The Answer of Given the production possibility tables for First and Second Bakeries shown, we can determine that: 
A) First Bakery has a comparative advantage in the production of both goods. 
B) Second Bakery has a comparative advantage in the production of pies. 
C) First Bakery has a comparative advantage in the production of pies. 
D) neither bakery has a comparative advantage.

Given the Production Possibility Tables for First and Second Bakeries