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Figure 3-2 -Refer to Figure 3-2. What Do the Two Producers Have

Question 60

Multiple Choice

Figure 3-2 Figure 3-2 -Refer to Figure 3-2. What do the two producers have an absolute or comparative advantage in? A) Paul has a comparative advantage in both wheat and corn. B) Paul has an absolute advantage in wheat, and Cliff has a comparative advantage in corn. C) Cliff has a comparative advantage in wheat, and Paul has a comparative advantage in corn. D) Cliff has a comparative advantage in both wheat and corn.
-Refer to Figure 3-2. What do the two producers have an absolute or comparative advantage in?


A) Paul has a comparative advantage in both wheat and corn.
B) Paul has an absolute advantage in wheat, and Cliff has a comparative advantage in corn.
C) Cliff has a comparative advantage in wheat, and Paul has a comparative advantage in corn.
D) Cliff has a comparative advantage in both wheat and corn.

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