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

Question 47

Multiple Choice

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


A) both goods, and the farmer has a comparative advantage in meat.
B) both goods, and the farmer has a comparative advantage in potatoes.
C) meat, and the farmer has a comparative advantage in potatoes.
D) meat, and the farmer has a comparative advantage in neither good.

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