Table 18-3
Bryce and Tina are artisans who produce homemade candles and soap. Table 18-3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month.
-Refer to Table 18-3.Select the statement that accurately interprets the data in the table.
A) Tina has a comparative advantage in making candles.
B) Bryce has an absolute advantage in making soap.
C) Bryce has a comparative advantage in making candles.
D) Bryce has a comparative advantage in making candles and making soap.
Correct Answer:
Verified
Q27: What is an 'open economy'?
Q32: Table 18-2 Q34: Table 18-1 Q35: Table 18-3 Q36: _ is the ability of an individual, Q39: Assume that Bulgaria has a comparative advantage 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
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