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Table 3-1 -Refer to Table 3-1. Which of the Following Is Correct

Question 18

Multiple Choice

Table 3-1
Table 3-1    -Refer to Table 3-1. Which of the following is correct? A) The Farmer has an absolute advantage in potatoes, and the Rancher has a comparative advantage in meat. B) The Farmer has an absolute advantage in meat, and the Rancher has a comparative advantage in potatoes. C) The Farmer has an absolute advantage in neither good, and the Rancher has a comparative advantage in potatoes. D) The Farmer has an absolute advantage in neither good, and the Rancher has a comparative advantage in meat.
-Refer to Table 3-1. Which of the following is correct?


A) The Farmer has an absolute advantage in potatoes, and the Rancher has a comparative advantage in meat.
B) The Farmer has an absolute advantage in meat, and the Rancher has a comparative advantage in potatoes.
C) The Farmer has an absolute advantage in neither good, and the Rancher has a comparative advantage in potatoes.
D) The Farmer has an absolute advantage in neither good, and the Rancher has a comparative advantage in meat.

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