Solved

Figure 3-4 -Refer to Figure 3-4. What Does Each of the Two

Question 79

Multiple Choice

Figure 3-4 Figure 3-4   -Refer to Figure 3-4. What does each of the two producers have a comparative advantage in? A)  Ben has a comparative advantage in beer, and Jerry has a comparative advantage in wine. B)  Ben has a comparative advantage in wine, and Jerry has a comparative advantage in beer. C)  Ben has a comparative advantage in neither good, and Jerry has a comparative advantage in wine. D)  Ben has a comparative advantage in both goods, and Jerry has a comparative advantage in neither.
-Refer to Figure 3-4. What does each of the two producers have a comparative advantage in?


A) Ben has a comparative advantage in beer, and Jerry has a comparative advantage in wine.
B) Ben has a comparative advantage in wine, and Jerry has a comparative advantage in beer.
C) Ben has a comparative advantage in neither good, and Jerry has a comparative advantage in wine.
D) Ben has a comparative advantage in both goods, and Jerry has a comparative advantage in neither.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions