If Leslie can produce two pairs of pants in an hour while Eva can make one pair in an hour,then
A) Leslie has a comparative advantage.
B) Eva has an absolute advantage.
C) Leslie has an absolute advantage.
D) Eva has a comparative advantage.
E) Leslie has a comparative disadvantagE.
Correct Answer:
Verified
Q1: Q2: Application of the Principle of Comparative Advantage Q3: Q4: Q6: Q7: If Jane can produce 3 pairs of Q8: To say some person has a comparative Q9: Which of the following statements is always Q10: Under certain assumptions,the model of comparative advantage Q11: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents