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Figure 3-4 -Refer to Figure 3-4. What Does Each of the Two

Question 117

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Figure 3-4 Figure 3-4   -Refer to Figure 3-4. What does each of the two producers have a comparative or absolute advantage in? A)  Ben has an absolute advantage in wine, and Jerry has a comparative advantage in neither good. B)  Ben has an absolute advantage in both goods, and Jerry has a comparative advantage in beer. C)  Ben has an absolute advantage in wine, and Jerry has a comparative advantage in beer. D)  Ben has an absolute advantage in beer, and Jerry has a comparative advantage in wine.
-Refer to Figure 3-4. What does each of the two producers have a comparative or absolute advantage in?


A) Ben has an absolute advantage in wine, and Jerry has a comparative advantage in neither good.
B) Ben has an absolute advantage in both goods, and Jerry has a comparative advantage in beer.
C) Ben has an absolute advantage in wine, and Jerry has a comparative advantage in beer.
D) Ben has an absolute advantage in beer, and Jerry has a comparative advantage in wine.

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