​Table 3-38 -​Refer to Table 3-38. Iowa and Nebraska Can Both Produce

Multiple Choice

​Table 3-38
-​Refer to Table 3-38. Iowa and Nebraska can both produce corn and soybeans, and can switch between the production of corn and soybeans at a constant rate. The table illustrates the amount of corn or soybeans each state can produce in one growing season. From the table we know that Nebraska has a

A) ​comparative advantage in the production of soybeans and Iowa has a comparative advantage in the production of corn.
B) ​comparative advantage in the production of corn and Iowa has a comparative advantage in the production of soybeans.
C) ​comparative advantage in both goods and Iowa has a comparative advantage in neither good.
D) ​comparative advantage in neither good and Iowa has a comparative advantage in both goods.