Solved

Figure 34-7 ​

Question 129

Multiple Choice

Figure 34-7
Figure 34-7 ​   -In Figure 34-7, AB represents the production possibilities of Pestoland and CD that of Pastaland.The graph indicates Pestoland has an absolute A) advantage in both pesto and pasta. B) and comparative advantage in both pesto and pasta. C) advantage in both goods, but a comparative advantage only in pesto. D) advantage in pesto only and a comparative advantage only in pasta.
-In Figure 34-7, AB represents the production possibilities of Pestoland and CD that of Pastaland.The graph indicates Pestoland has an absolute


A) advantage in both pesto and pasta.
B) and comparative advantage in both pesto and pasta.
C) advantage in both goods, but a comparative advantage only in pesto.
D) advantage in pesto only and a comparative advantage only in pasta.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents