Multiple Choice
For the following question(s) , use the accompanying table.
Table 3-2
-Refer to Table 3-2.Helen has an absolute advantage in
A) dresses and Carolyn has an absolute advantage in quilts.
B) quilts and Carolyn has a comparative advantage in dresses.
C) both goods and Carolyn has a comparative advantage in quilts.
D) neither good and Carolyn has a comparative advantage in dresses.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Trade is based on absolute advantage.
Q132: Figure 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-3
Q133: Figure 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-2
Q134: Figure 3-5 The graph below represents the
Q136: If Shawn can produce donuts at a
Q137: Figure 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-2
Q138: Table 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Table 3-5
Q139: Mark is a computer company executive,earning $200
Q140: When an economist points out that you
Q141: Figure 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-2