Table 3.1
-Table 3.1 illustrates Willy and Blythe's hourly production for apples and carrots.From the table,we can conclude that

Question

Quizplus · Accepted Answer

Absolute advantage refers to the ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group. Without the specific data from Table 3.1, we cannot determine the exact numbers, but the correct conclusion based on the options provided is that Willy has an absolute advantage in producing both goods if the choice suggests this is the conclusion drawn from the table.

Table 3.1 -Table 3.1 Illustrates Willy and Blythe's Hourly Production for Apples