Table 13.3 Bryce and Tina are artisans who produce homemade candles and soap.Table 13.3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month.
-Refer to Table 13.3.Select the statement that accurately interprets the data in the table.

Question

Table 13.3  Bryce and Tina are artisans who produce homemade candles and soap.Table 13.3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month.
-Refer to Table 13.3.Select the statement that accurately interprets the data in the table.

Quizplus · Accepted Answer

Bryce has a comparative advantage in making soap if he can produce soap at a lower opportunity cost compared to Tina. Comparative advantage is determined by comparing the opportunity costs of producing goods between two parties.

Table 133 Bryce and Tina Are Artisans Who Produce Homemade