Solved

The Figure Above Shows Liz's and Joe's Production Possibilities for Salads

Question 233

Multiple Choice

  The figure above shows Liz's and Joe's production possibilities for Salads and Smoothies. -Given the information in the figure above,Liz has a comparative advantage in ________ and an absolute advantage in ________. A) smoothies only;both goods B) smoothies only;smoothies only C) both goods;both goods D) salads only;both goods E) salads only;salads only The figure above shows Liz's and Joe's production possibilities for Salads and Smoothies.
-Given the information in the figure above,Liz has a comparative advantage in ________ and an absolute advantage in ________.


A) smoothies only;both goods
B) smoothies only;smoothies only
C) both goods;both goods
D) salads only;both goods
E) salads only;salads only

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents