Multiple Choice
If Mary has an absolute advantage over Bill in performing each of two tasks,then
A) Mary must have a comparative advantage in both tasks
B) Mary cannot benefit by specializing in one and trading with Bill for the other
C) Mary should specialize in both tasks
D) Mary cannot have a comparative advantage in either task
E) Mary should specialize in the one in which she has a comparative advantage
Correct Answer:
Verified
Correct Answer:
Verified
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