Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Antonio and Elyse are two woodworkers who
Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table
Q93: Which of the following is NOT an
Q94: The only two countries in the world,
Q95: Figure 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-4
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table
Q98: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-2
Q99: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table
Q100: Both Canada and the U.S. can produce
Q101: Antonio and Elyse are two woodworkers who