Martha Stewart can iron 20 shirts per hour. Her housekeeper can iron 12 shirts per hour. From this information alone, we can infer that:
A) Martha has a comparative advantage in ironing.
B) the housekeeper has a comparative advantage in ironing.
C) Martha has an absolute advantage in ironing.
D) the housekeeper has an absolute advantage in ironing.
Correct Answer:
Verified
Q114: A production possibilities frontier shows:
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Figure: Coffee
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