Multiple Choice
Figure 3-1
-Refer to Figure 3-1. Which of the following is true for Cliff and Paul?
A) Paul has an absolute advantage in both wheat and corn.
B) Paul has an absolute advantage in wheat and Cliff has an absolute advantage in corn.
C) Cliff has an absolute advantage in wheat and Paul has an absolute advantage in corn.
D) Cliff has an absolute advantage in both wheat and corn.
Correct Answer:
Verified
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