Multiple Choice
The figure below shows production possibilities curves for tomatoes and oranges in two prefectures in a country.
-Refer to the figure above.Which statement is true?
A) Prefecture A has a comparative advantage in tomato production.
B) Prefecture B has a comparative advantage in tomato production.
C) Prefecture A has a comparative advantage in tomato production up to 1 billion pounds, but Prefecture B has a comparative advantage beyond 1 billion pounds.
D) Prefecture B has a comparative advantage in tomato production up to 1 billion pounds, but Prefecture A has a comparative advantage beyond 1 billion pounds.
Correct Answer:
Verified
Correct Answer:
Verified
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