John can clean the house in three hours and do the laundry in four. Jane can clean the house in two hours or do the laundry in two. Can they benefit by specialization and trade?
A) Neither can benefit because John has nothing to offer.
B) John could benefit from an exchange, but Jane cannot because she is better at both.
C) Both can benefit because John has a comparative advantage in laundry.
D) Both can benefit because John has a comparative advantage in cleaning.

Question

Quizplus · Accepted Answer

The Answer of John can clean the house in three hours and do the laundry in four. Jane can clean the house in two hours or do the laundry in two. Can they benefit by specialization and trade?
A) Neither can benefit because John has nothing to offer.
B) John could benefit from an exchange, but Jane cannot because she is better at both.
C) Both can benefit because John has a comparative advantage in laundry.
D) Both can benefit because John has a comparative advantage in cleaning.

John Can Clean the House in Three Hours and Do