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Table 3-2 -Refer to Table 3-2. Which of the Following Is Correct

Question 32

Multiple Choice

Table 3-2
Table 3-2 -Refer to Table 3-2. Which of the following is correct? A) The Rancher has an absolute advantage in both goods, and the Farmer has a comparative advantage in meat. B) The Rancher has an absolute advantage in meat, and the Farmer has a comparative advantage in potatoes. C) The Rancher has an absolute advantage in meat, and the Farmer has a comparative advantage in neither good. D) The Rancher has an absolute advantage in neither good, and the Farmer has a comparative advantage in potatoes.
-Refer to Table 3-2. Which of the following is correct?


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

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