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Reference: Ref 2-5 (Table: Production Possibilities for the United States

Question 99

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  Reference: Ref 2-5 (Table: Production Possibilities for the United States and Mexico)  According to the table on Production Possibilities for the United States and Mexico, the United States has an absolute advantage in ________ and a comparative advantage in _________. A)  both goods; corn B)  both goods; potatoes C)  potatoes; corn D)  nothing; potatoes Reference: Ref 2-5 (Table: Production Possibilities for the United States and Mexico) According to the table on Production Possibilities for the United States and Mexico, the United States has an absolute advantage in ________ and a comparative advantage in _________.


A) both goods; corn
B) both goods; potatoes
C) potatoes; corn
D) nothing; potatoes

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