Multiple Choice
These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4
-Refer to Figure 3-4.Barney has a comparative advantage in
A) both goods and Betty has a comparative advantage in neither good.
B) loaves of bread and Betty has a comparative advantage in pies.
C) neither good and Betty has a comparative advantage in both goods.
D) pies and Betty has a comparative advantage in loaves of bread.
Correct Answer:
Verified
Correct Answer:
Verified
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