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-Refer to Table 3-2

Question 63

Multiple Choice

  -Refer to Table 3-2. What does each producer have an absolute advantage in? A)  The farmer has an absolute advantage in meat, and the rancher has an absolute advantage in potatoes. B)  The farmer has an absolute advantage in neither, and the rancher has an absolute advantage in meat. C)  The farmer has an absolute advantage in potatoes good, and the rancher has an absolute advantage in both goods. D)  The farmer has an absolute advantage in potatoes, and the rancher has an absolute advantage in neither good.
-Refer to Table 3-2. What does each producer have an absolute advantage in?


A) The farmer has an absolute advantage in meat, and the rancher has an absolute advantage in potatoes.
B) The farmer has an absolute advantage in neither, and the rancher has an absolute advantage in meat.
C) The farmer has an absolute advantage in potatoes good, and the rancher has an absolute advantage in both goods.
D) The farmer has an absolute advantage in potatoes, and the rancher has an absolute advantage in neither good.

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