Multiple Choice
Suppose you can type a paper in two hours or mow the lawn in four hours, while it takes your friend Gabriela eight hours to type a paper or two hours to mow the lawn. Which of the following is true?
A) You have a comparative advantage in typing.
B) You have a comparative advantage in mowing the lawn.
C) You and Gabriela could save time if you mowed her lawn while she typed your paper.
D) You and Gabriela cannot gain from specialization and trade.
Correct Answer:
Verified
Correct Answer:
Verified
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