If Scout has an absolute advantage over Dill:
A) Scout has more money than Dill.
B) the problem of scarcity applies to Dill, but not to Scout.
C) the problem of scarcity applies to Scout, but not to Dill.
D) Scout can accomplish more in a given period of time than can Dill.

Question

Quizplus · Accepted Answer

An absolute advantage means that someone can produce more output in a given period of time than someone else. This has nothing to do with money or the problem of scarcity, and is the only option provided that accurately describes an absolute advantage. Therefore, D is the correct answer.

If Scout Has an Absolute Advantage Over Dill