Multiple Choice
Figure 3-3
Ice cream and cones are measured in kilograms.
-Refer to Figure 3-3. What does each of the two producers have a comparative or absolute advantage in?
A) Ben has an absolute advantage in cones, and Jerry has a comparative advantage in ice cream.
B) Ben has an absolute advantage in both goods, and Jerry has a comparative advantage in cones.
C) Ben has an absolute advantage in ice cream, and Jerry has a comparative advantage in cones.
D) Ben has an absolute advantage in neither good, and Jerry has a comparative advantage in ice cream.
Correct Answer:

Verified
Correct Answer:
Verified
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