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Scenario: Mark Can Make Three Tables and One Chair in a Day

Question 68

Multiple Choice

Scenario: Mark can make three tables and one chair in a day, while John can make four tables and one chair in a day.
-Refer to the scenario above.Which of the following is true in this case?


A) Mark has a comparative advantage in making tables.
B) John has a comparative advantage in making chairs.
C) Mark has an absolute advantage in making tables.
D) John has an absolute advantage in making tables.

Correct Answer:

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