Multiple Choice
Graph 3-2 
These figures illustrate the production possibilities available to Amy and Jim with 8 hours of labour.
-According to Graph 3-2:
A) Amy has an absolute advantage in both goods, and Jim has a comparative advantage in coffee
B) Amy has an absolute advantage in both goods, and Jim has a comparative advantage in doughnuts
C) Amy has an absolute advantage in coffee, and Jim has a comparative advantage in doughnuts
D) Amy has an absolute advantage in doughnuts, and Jim has a comparative advantage in coffee
Correct Answer:
Verified
Correct Answer:
Verified
Q126: Table 3-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|c|}\hline&\text
Q127: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q128: If one country can produce all goods
Q129: A person is able to obtain goods
Q130: Jean grows rice at a higher cost
Q132: If a country imports goods from overseas,
Q133: Which of the following is correct?<br>A)trade allows
Q134: Graph 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-2
Q135: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q136: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text