Multiple Choice
Table 2.5
Table 2.5 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2.5. Which of the following statements is true?
A) Fred has a comparative advantage in making both products.
B) Barney has a comparative advantage in making both products.
C) Barney has a comparative advantage in making pogo sticks and Fred in making unicycles.
D) Barney has a comparative advantage in making unicycles and Fred in making pogo sticks.
Correct Answer:

Verified
Correct Answer:
Verified
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