Table 2.4 Table 2.4 shows the output per week of two jewellers, Serena and Haley.They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2.4.Which of the following statements is true?

Question

Table 2.4  Table 2.4 shows the output per week of two jewellers, Serena and Haley.They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2.4.Which of the following statements is true?

Quizplus · Accepted Answer

To determine absolute advantage, we compare the output of each jeweler in both products. Haley produces more bracelets and necklaces per week than Serena, but she has a higher total output in bracelets. Therefore, Haley has an absolute advantage in making bracelets and Serena has an absolute advantage in making necklaces. The answer is C.

Table 24 Table 2