Solved

Suppose an American Worker Can Make 20 Pairs of Shoes

Question 70

Multiple Choice

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.On the other hand,a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day.Which of the following statements is true? The United States has an absolute advantage:


A) and a comparative advantage in the production of shoes.
B) and a comparative advantage in the production of apples.
C) in the production of both goods and a comparative advantage in the production of neither good.
D) in the production of both goods and a comparative advantage in the production of both goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents