Table 3.3 -Jimbo Has a Comparative Advantage Over Ned in Producing a Ned

Multiple Choice

Table 3.3

-Jimbo has a comparative advantage over Ned in producing a good if

A) Jimbo can produce more of the good than Ned can in a given time period.
B) Jimbo has a lower opportunity cost of producing the good than does Ned.
C) Jimbo has to trade off more than Ned does to produce the good.
D) Jimbo has a higher opportunity cost of producing the good than does Ned.