Multiple Choice
Table 3-21
Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. The following table shows the number of coolers or number of radios each country can produce in one day.
-Refer to Table 3-21. Jamaica has an absolute advantage in the production of
A) coolers and Norway has an absolute advantage in the production of radios.
B) radios and Norway has an absolute advantage in the production of coolers.
C) both goods and Norway has an absolute advantage in the production of neither good.
D) neither good and Norway has an absolute advantage in the production of both goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: When each person specializes in producing the
Q15: Figure 3-18<br>Bintu's Production Possibilities Frontier<br>Juba's Production Possibilities
Q55: Suppose that the country of Xenophobia chose
Q71: Table 3-23<br>Assume that the farmer and the
Q72: Table 3-21<br>Assume that Jamaica and Norway can
Q73: Table 3-8<br>Assume that England and Spain can
Q75: Table 3-6<br>Assume that Zimbabwe and Portugal can
Q77: Table 3-41<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1273/.jpg" alt="Table 3-41
Q122: Assume a farmer has the ability to
Q157: Country A and country B both produce