Multiple Choice
Farmer Ken in Kentucky can raise either 80 pounds of tobacco or 40 bushels of cotton on an acre.Farmer Calvin in California can raise either 150 pounds of tobacco or 50 bushels of cotton on an acre.Which farmer can produce tobacco more efficiently?
A) Farmer Ken in Kentucky.
B) Farmer Calvin in California.
C) The two farmers are equally efficient at growing wheat.
D) More information is needed to determine comparative advantage.
Correct Answer:
Verified
Correct Answer:
Verified
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