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Table 3-3 -Refer to Table 3-3.What Does Each of the Two Producers

Question 70

Multiple Choice
Table 3-3
 
-Refer to Table 3-3.What does each of the two producers have a comparative or absolute advantage in
A)Kevin has an absolute advantage in blankets, and Amy has a comparative advantage in sweaters. 
B)Kevin has an absolute advantage in both goods, and Amy has a comparative advantage in blankets. 
C)Kevin has an absolute advantage in sweaters, and Amy has a comparative advantage in sweaters. 
D)Kevin has an absolute advantage in neither good, and Amy has a comparative advantage in sweaters.

Table 3-3
Table 3-3    -Refer to Table 3-3.What does each of the two producers have a comparative or absolute advantage in A) Kevin has an absolute advantage in blankets, and Amy has a comparative advantage in sweaters. B) Kevin has an absolute advantage in both goods, and Amy has a comparative advantage in blankets. C) Kevin has an absolute advantage in sweaters, and Amy has a comparative advantage in sweaters. D) Kevin has an absolute advantage in neither good, and Amy has a comparative advantage in sweaters.
-Refer to Table 3-3.What does each of the two producers have a comparative or absolute advantage in


A) Kevin has an absolute advantage in blankets, and Amy has a comparative advantage in sweaters.
B) Kevin has an absolute advantage in both goods, and Amy has a comparative advantage in blankets.
C) Kevin has an absolute advantage in sweaters, and Amy has a comparative advantage in sweaters.
D) Kevin has an absolute advantage in neither good, and Amy has a comparative advantage in sweaters.

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