Solved

You Have Noticed That Your Next-Door Neighbor, Mary, Always Works

Question 4

Multiple Choice

You have noticed that your next-door neighbor, Mary, always works in the garden, and her husband, Joe, always walks the dog. You conclude that if Joe and Mary are efficient, then it must be the case that:


A) Mary has an absolute advantage in gardening.
B) Joe has a comparative advantage in walking the dog.
C) Mary's opportunity cost of walking the dog is lower than Joe's.
D) Joe experiences increasing opportunity costs when he gardens, but not when he walks the dog.

Correct Answer:

verifed

Verified

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

Related Questions