Solved

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

Question 204

Multiple Choice

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


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

Correct Answer:

verifed

Verified

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

Related Questions