Table 3.4

-Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and Deena's weekly productivity are shown in Table 3.4. Which of the following is true?
A) Deena has an absolute advantage in producing both goods, and a comparative advantage in producing wind chimes.
B) Deena has an absolute advantage in producing both goods, and a comparative advantage in producing sun dials.
C) Deena has an absolute and a comparative advantage in producing both goods.
D) Deena has an absolute advantage in producing both goods, but no one has a comparative advantage in producing either good.

Question

Table 3.4
 
-Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and Deena's weekly productivity are shown in Table 3.4. Which of the following is true?
A) Deena has an absolute advantage in producing both goods, and a comparative advantage in producing wind chimes. 
B) Deena has an absolute advantage in producing both goods, and a comparative advantage in producing sun dials. 
C) Deena has an absolute and a comparative advantage in producing both goods. 
D) Deena has an absolute advantage in producing both goods, but no one has a comparative advantage in producing either good.

Quizplus · Accepted Answer

The Answer of Table 3.4
 
-Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and Deena's weekly productivity are shown in Table 3.4. Which of the following is true?
A) Deena has an absolute advantage in producing both goods, and a comparative advantage in producing wind chimes. 
B) Deena has an absolute advantage in producing both goods, and a comparative advantage in producing sun dials. 
C) Deena has an absolute and a comparative advantage in producing both goods. 
D) Deena has an absolute advantage in producing both goods, but no one has a comparative advantage in producing either good.

Table 3.4 -Consider Two Individuals, Artie and Deena, Who Produce Wind Chimes