Solved

Table 3-1 -Refer to Table 3-1.The Farmer Has an Absolute Advantage in an Absolute

Question 186

Multiple Choice

Table 3-1
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.
-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:

verifed

Verified

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

Related Questions