Multiple Choice
If John can produce 10 chairs or 20 lamps during a week while Mary can produce 12 chairs or 22 lamps in the same time, who has the absolute advantage in producing each good?
A) John in producing chairs, Mary in producing lamps
B) John in producing both goods
C) Mary in producing both goods
D) Mary in producing chairs, John in producing lamps
E) Both Mary and John in both goods
Correct Answer:
Verified
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