Multiple Choice
Table 3-3
-Refer to Table 3-3. Which of the following is correct?
A) Helen has a comparative advantage in quilts and Carolyn has an absolute advantage in neither good.
B) Helen has a comparative advantage in dresses and Carolyn has an absolute advantage in quilts.
C) Helen has a comparative advantage in quilts and Carolyn has an absolute advantage in dresses.
D) Helen has a comparative advantage in dresses and Carolyn has an absolute advantage in both goods.
Correct Answer:
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