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

Verified
Correct Answer:
Verified
Q10: Suppose that a worker in Boatland can
Q55: Suppose that the country of Xenophobia chose
Q206: If Korea is capable of producing either
Q207: Figure 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-1
Q208: Figure 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-3
Q209: The difference between production possibilities frontiers that
Q210: Table 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Table 3-1
Q212: As long as two people have different
Q215: Figure 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-3
Q216: A good that is produced abroad and