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.
Correct Answer:
Verified
Q124: Figure 34-9 Q125: Figure 34-7 Q126: The world price of a commodity will Q127: Table 34-4 Q128: Figure 34-7 Q130: Table 34-4 Q131: Figure 34-7 Q132: The supply-demand mechanism will bring an international Q133: Table 34-4 Q134: Table 34-4 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
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