Multiple Choice
It takes Melissa eight hours to produce a bushel of corn and two hours to wash and polish a car. It takes Greg six hours to produce a bushel of corn and one hour to wash and polish a car. Therefore
A) Melissa has an absolute advantage in producing corn.
B) Melissa has an absolute advantage in washing cars.
C) Greg has a comparative advantage in producing corn.
D) Greg has a comparative advantage in washing cars.
Correct Answer:
Verified
Correct Answer:
Verified
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