-Sam possesses an absolute advantage in
A) the production of shoes.
B) neither shoe nor pants production.
C) the production of pants.
D) both shoe and pants production.
E) pants and possibly shoe production.

Question

-Sam possesses an absolute advantage in
A) the production of shoes. 
B) neither shoe nor pants production. 
C) the production of pants. 
D) both shoe and pants production. 
E) pants and possibly shoe production.

Quizplus · Accepted Answer

Sam has an absolute advantage in both shoe and pants production if he can produce more of both goods than others with the same resources.

-Sam Possesses an Absolute Advantage in