Table 3-2

-According to Table 3-2:
A) Lee has an absolute advantage in neither goods, and John has a comparative advantage in butter
B) Lee has an absolute advantage in rice, and John has a comparative advantage in butter
C) Lee has an absolute advantage in rice, and John has a comparative advantage in neither good
D) Lee has an absolute advantage in neither goods, and John has a comparative advantage in rice

Question

Table 3-2
 
-According to Table 3-2:
A) Lee has an absolute advantage in neither goods, and John has a comparative advantage in butter 
B) Lee has an absolute advantage in rice, and John has a comparative advantage in butter 
C) Lee has an absolute advantage in rice, and John has a comparative advantage in neither good 
D) Lee has an absolute advantage in neither goods, and John has a comparative advantage in rice

Quizplus · Accepted Answer

The Answer of Table 3-2
 
-According to Table 3-2:
A) Lee has an absolute advantage in neither goods, and John has a comparative advantage in butter 
B) Lee has an absolute advantage in rice, and John has a comparative advantage in butter 
C) Lee has an absolute advantage in rice, and John has a comparative advantage in neither good 
D) Lee has an absolute advantage in neither goods, and John has a comparative advantage in rice

Table 3-2 -According to Table 3-2