Lou and Alex live together and share household chores.They like to cook some meals ahead of time and eat leftovers.The table below shows the number of rooms they can each clean and the number of meals they can each cook in an hour. Which of the following is true?
A) Lou has both an absolute advantage and a comparative advantage over Alex in both tasks.
B) Alex has a comparative advantage over Lou in cleaning.
C) Lou has a comparative advantage over Alex in cleaning.
D) Alex has both an absolute advantage and a comparative advantage over Lou in both tasks.
Correct Answer:
Verified
Q27: Suppose Cathy and Lewis work in a
Q27: Lou and Alex live together and share
Q30: Refer to the table below.Based on their
Q33: Dent 'n' Scratch Used Cars and Trucks
Q35: Dent 'n' Scratch Used Cars and Trucks
Q37: Dent 'n' Scratch Used Cars and Trucks
Q45: In general, individuals and nations should specialize
Q48: The emergence of English as the de
Q53: In general, individuals and nations should specialize
Q55: The textbook notes that the last time
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents