Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery.
-Refer to Figure 3-6. Who has an absolute advantage in each product?
A) Barney has an absolute advantage in both goods, and Betty has an absolute advantage in neither good.
B) Barney has an absolute advantage in loaves of bread, and Betty has an absolute advantage in pies.
C) Barney has an absolute advantage in neither good, and Betty has an absolute advantage in both goods.
D) Barney has an absolute advantage in pies, and Betty has an absolute advantage in loaves of bread.

Question

Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery. 
-Refer to Figure 3-6. Who has an absolute advantage in each product?
A) Barney has an absolute advantage in both goods, and Betty has an absolute advantage in neither good. 
B) Barney has an absolute advantage in loaves of bread, and Betty has an absolute advantage in pies. 
C) Barney has an absolute advantage in neither good, and Betty has an absolute advantage in both goods. 
D) Barney has an absolute advantage in pies, and Betty has an absolute advantage in loaves of bread.

Quizplus · Accepted Answer

The Answer of Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery. 
-Refer to Figure 3-6. Who has an absolute advantage in each product?
A) Barney has an absolute advantage in both goods, and Betty has an absolute advantage in neither good. 
B) Barney has an absolute advantage in loaves of bread, and Betty has an absolute advantage in pies. 
C) Barney has an absolute advantage in neither good, and Betty has an absolute advantage in both goods. 
D) Barney has an absolute advantage in pies, and Betty has an absolute advantage in loaves of bread.

Figure 3-6 These Figures Illustrate the Production Possibilities Available to Barney and Barney