Multiple Choice
Table 3.1
-Table 3.1 illustrates Willy and Blythe's hourly production for apples and carrots.From the table,we can conclude that
A) Willy has both an absolute and comparative advantage in apple production.
B) Willy has both an absolute and comparative advantage in carrot production.
C) Willy has neither an absolute nor comparative advantage in apple production.
D) Willy has neither an absolute nor a comparative advantage in carrot production.
Correct Answer:
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