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Figure 3-10 Alice and Betty's Production Possibilities in One 8-Hour Day

Question 328

Multiple Choice

Figure 3-10
Alice and Betty's Production Possibilities in one 8-hour day.
Figure 3-10 Alice and Betty's Production Possibilities in one 8-hour day. -Refer to Figure 3-10.Which of the following statements is correct regarding absolute advantage? A) Alice has an absolute advantage in the production of both lemonade and pizzas. B) Betty has an absolute advantage in the production of both lemonade and pizzas. C) Alice has an absolute advantage in the production of pizzas while Betty has an absolute advantage in the production of lemonade. D) Alice has an absolute advantage in the production of lemonade while Betty has an absolute advantage in the production of pizzas.
-Refer to Figure 3-10.Which of the following statements is correct regarding absolute advantage?


A) Alice has an absolute advantage in the production of both lemonade and pizzas.
B) Betty has an absolute advantage in the production of both lemonade and pizzas.
C) Alice has an absolute advantage in the production of pizzas while Betty has an absolute advantage in the production of lemonade.
D) Alice has an absolute advantage in the production of lemonade while Betty has an absolute advantage in the production of pizzas.

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