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-Consider Table 18

Question 34

Multiple Choice

-Consider Table 18.1.Which of the following statements is true? A) The West has an absolute advantage in the production of both fish and chips and has a comparative advantage in the production of chips. B) The East has an absolute advantage in the production of both fish and chips and has a comparative advantage in the production of fish. C) The West has an absolute advantage in the production of chips and the East has an absolute advantage in the production of chips. D) The East has a comparative advantage in chip production and the West has a comparative advantage in the production of fish. E) Not enough information is given.
-Consider Table 18.1.Which of the following statements is true?


A) The West has an absolute advantage in the production of both fish and chips and has a comparative advantage in the production of chips.
B) The East has an absolute advantage in the production of both fish and chips and has a comparative advantage in the production of fish.
C) The West has an absolute advantage in the production of chips and the East has an absolute advantage in the production of chips.
D) The East has a comparative advantage in chip production and the West has a comparative advantage in the production of fish.
E) Not enough information is given.

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