Table 2-7

Table 2-7 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-7.Which of the following statements is true?
A)Fred has an absolute advantage in making both products.
B)Barney has an absolute advantage in making both products.
C)Barney has an absolute advantage in making pogo sticks and Fred in making unicycles.
D)Barney has an absolute advantage in making unicycles and Fred in making pogo sticks.

Question

Table 2-7
  
Table 2-7 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-7.Which of the following statements is true?
A)Fred has an absolute advantage in making both products. 
B)Barney has an absolute advantage in making both products. 
C)Barney has an absolute advantage in making pogo sticks and Fred in making unicycles. 
D)Barney has an absolute advantage in making unicycles and Fred in making pogo sticks.

Quizplus · Accepted Answer

The Answer of Table 2-7
  
Table 2-7 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-7.Which of the following statements is true?
A)Fred has an absolute advantage in making both products. 
B)Barney has an absolute advantage in making both products. 
C)Barney has an absolute advantage in making pogo sticks and Fred in making unicycles. 
D)Barney has an absolute advantage in making unicycles and Fred in making pogo sticks.

Table 2-7 Table 2-7 Shows the Output Per Month of Two People