Solved

-Deb and Pete Have Volunteered to Help Their Favorite Charity

Question 185

Multiple Choice

  -Deb and Pete have volunteered to help their favorite charity mail out fundraiser information.The figure above shows their production possibilities frontiers for assembling packets and stuffing envelopes.Which of the following statements is correct? A)  Deb has a comparative advantage in assembling packets. B)  Pete has an absolute advantage in both assembling packets and stuffing envelopes. C)  Deb has a comparative advantage in stuffing envelopes. D)  Deb has an absolute advantage in both assembling packets and stuffing envelopes. E)  Deb has a comparative advantage in both assembling packets and stuffing envelopes.
-Deb and Pete have volunteered to help their favorite charity mail out fundraiser information.The figure above shows their production possibilities frontiers for assembling packets and stuffing envelopes.Which of the following statements is correct?


A) Deb has a comparative advantage in assembling packets.
B) Pete has an absolute advantage in both assembling packets and stuffing envelopes.
C) Deb has a comparative advantage in stuffing envelopes.
D) Deb has an absolute advantage in both assembling packets and stuffing envelopes.
E) Deb has a comparative advantage in both assembling packets and stuffing envelopes.

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