Table 19-6
Mateo and Celeste produce custom saddles and spurs. Table 19-6 lists the number of saddles and pairs of spurs Mateo and Celeste can each produce in one month.
-Refer to Table 19-6.Select the statement that accurately interprets the data in the table.
A) Celeste has a comparative advantage in making spurs.
B) Mateo has a comparative advantage in making spurs.
C) Celeste has a comparative advantage in making saddles and making spurs.
D) Neither Mateo nor Celeste has a comparative advantage in making spurs.
Correct Answer:
Verified
Q41: Assume that Finland and Latvia produce only
Q44: The ability of a firm or country
Q47: Assume that Honduras has a comparative advantage
Q48: If a country has a comparative advantage
Q50: If Estonia has an absolute advantage in
Q52: Assume that Australia has a comparative advantage
Q54: If Sweden exports cell phones to Denmark
Q57: If a country has a comparative advantage
Q60: If Norwegian workers are more productive than
Q96: Table 19-6
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