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Figure 3-3 Ice Cream and Cones Are Measured in Kilograms

Question 96

Multiple Choice

Figure 3-3
Ice cream and cones are measured in kilograms. Figure 3-3 Ice cream and cones are measured in kilograms.   -Refer to Figure 3-3. What does each of the two producers have a comparative or absolute advantage in? A)  Ben has a comparative advantage in ice cream, and Jerry has an absolute advantage in both goods. B)  Ben has a comparative advantage in cones, and Jerry has an absolute advantage in ice cream. C)  Ben has a comparative advantage in ice cream, and Jerry has an absolute advantage in neither good. D)  Ben has a comparative advantage in ice cream, and Jerry has an absolute advantage in cones.
-Refer to Figure 3-3. What does each of the two producers have a comparative or absolute advantage in?


A) Ben has a comparative advantage in ice cream, and Jerry has an absolute advantage in both goods.
B) Ben has a comparative advantage in cones, and Jerry has an absolute advantage in ice cream.
C) Ben has a comparative advantage in ice cream, and Jerry has an absolute advantage in neither good.
D) Ben has a comparative advantage in ice cream, and Jerry has an absolute advantage in cones.

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