The following figure shows the production possibilities curves (PPCs) of two individuals, Ryan and Tom.
-Refer to the figure above.Which of the following statements is true?
A) Ryan has a comparative advantage in the production of Good 1, whereas Tom has a comparative advantage in the production of Good 2.
B) Ryan has a comparative advantage in the production of Good 2, whereas Tom has a comparative advantage in the production of Good 1.
C) Ryan has a comparative advantage in the production of both goods.
D) Tom has a comparative advantage in the production of both goods.
Correct Answer:
Verified
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