Figure 3-3 -Refer to Figure 3-3.Which of the Following Statements Is Correct

Multiple Choice

Figure 3-3

-Refer to Figure 3-3.Which of the following statements is correct?

A) Fred sacrifices 1 2/3 ballet slippers to produce 1 tap shoe; Ginger sacrifices 3/4 of a ballet slipper to produce 1 tap shoe; therefore, Fred has a comparative advantage in producing tap shoes.
B) Fred sacrifices 3/5 of a ballet slipper to produce 1 tap shoe; Ginger sacrifices 1 1/3 ballet slippers to produce 1 tap shoe; therefore, Fred has an absolute advantage in producing tap shoes.
C) Fred requires 4 hours to produce a tap shoe; Ginger requires 6 2/3 hours to produce a tap shoe; therefore, Fred has a comparative advantage in producing tap shoes.
D) Fred requires 4 hours to produce a tap shoe; Ginger requires 6 2/3 hours to produce a tap shoe; therefore, Fred has an absolute advantage in producing tap shoes.