Multiple Choice
Table 3-1
-Refer to Table 3-1.The farmer has an absolute advantage in
A) meat, and the rancher has an absolute advantage in potatoes.
B) potatoes, and the rancher has an absolute advantage in meat.
C) meat, and the rancher has an absolute advantage in meat.
D) neither good, and the rancher has an absolute advantage in both goods.
Correct Answer:

Verified
Correct Answer:
Verified
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