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Use the Following to Answer Questions: Table: Movies and Oil

Question 4

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Use the following to answer questions: Table: Movies and Oil  Hypothetical maximum production in various U.S. states  Movies/Year  Barrels of Oil/Year (millions)   Texas 7550 California 6030 New York 205\begin{array}{l}\text { Hypothetical maximum production in various U.S. states }\\\begin{array} { l c c } \hline & \text { Movies/Year } & \text { Barrels of Oil/Year (millions) } \\\hline \text { Texas } & 75 & 50 \\\text { California } & 60 & 30 \\\text { New York } & 20 & 5 \\\hline\end{array}\end{array}
-(Table: Movies and Oil) According to the table, which state has the comparative advantage in movies?


A) Texas, because it can produce more movies than anyone else
B) New York
C) California
D) It is impossible to tell from the information in the table.

Correct Answer:

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