Hank requires 1 hour to cut the grass and 3 hours to clean the house.His sister Holly requires 1 hour to cut the grass and 4 hours to clean the house.Which of the following statements is true?
A)Hank has an absolute advantage in both cutting the grass and cleaning the house.
B)Hank and Holly both have a comparative advantage in cutting the grass.
C)Hank has a comparative advantage in both cutting the grass and cleaning the house.
D)Hank has a lower opportunity cost of cutting the grass.
E)Holly has a comparative advantage in cutting the grass.

Question

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The Answer of Hank requires 1 hour to cut the grass and 3 hours to clean the house.His sister Holly requires 1 hour to cut the grass and 4 hours to clean the house.Which of the following statements is true?
A)Hank has an absolute advantage in both cutting the grass and cleaning the house.
B)Hank and Holly both have a comparative advantage in cutting the grass.
C)Hank has a comparative advantage in both cutting the grass and cleaning the house.
D)Hank has a lower opportunity cost of cutting the grass.
E)Holly has a comparative advantage in cutting the grass.

Hank Requires 1 Hour to Cut the Grass and 3