Solved

Table 2-9 Table 2-9 Shows the Output Per Week of Week

Question 310

Multiple Choice

Table 2-9
Table 2-9    Table 2-9 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces. -Refer to Table 2-9. Which of the following statements is true? A)  Haley has a comparative advantage in making both products. B)  Serena has a comparative advantage in making both products. C)  Haley has a comparative advantage in making bracelets and Serena in making necklaces. D)  Haley has a comparative advantage in making necklaces and Serena in making bracelets. Table 2-9 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2-9. Which of the following statements is true?


A) Haley has a comparative advantage in making both products.
B) Serena has a comparative advantage in making both products.
C) Haley has a comparative advantage in making bracelets and Serena in making necklaces.
D) Haley has a comparative advantage in making necklaces and Serena in making bracelets.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions