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Use the Following to Answer Questions: Table: Production Possibilities for the United

Question 76

Multiple Choice

Use the following to answer questions: Table: Production Possibilities for the United States and Mexico  Corn (millions of tons)   Potatoes (millions of tons)   United States 5010 Mexico 405\begin{array} { l c c } \hline & \text { Corn (millions of tons) } & \text { Potatoes (millions of tons) } \\\hline \text { United States } & 50 & 10 \\\text { Mexico } & 40 & 5 \\\hline\end{array}
-(Table: Production Possibilities for the United States and Mexico) According to the table on production possibilities for the United States and Mexico, the United States has an absolute advantage in ________ and a comparative advantage in _________.


A) both goods; corn
B) both goods; potatoes
C) potatoes; corn
D) nothing; potatoes

Correct Answer:

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