A lawyer once said, "I could paint my house and fix my plumbing if I just had some technical training and good tools. But, I would rather hire a painter and a plumber." When it comes to fixing a leaking sink, the plumber:
A) d and e.
B) charges more per hour than the lawyer does.
C) charges less per hour than the lawyer does.
D) is more efficient.
E) has a comparative advantage.
Correct Answer:
Verified
Q14: If nation A has an absolute advantage
Q29: Suppose rice can be produced in country
Q41: When Brazil can generate a product using
Q41: If a country has a comparative advantage
Q42: Juanita, a lawyer, can type faster than
Q45: The average National Basketball Association player is
Q47: Absolute advantage is the ability of a
Q51: If a country has a lower opportunity
Q55: If Japan gives up ten bushels of
Q59: If nation A has a comparative advantage
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