-Refer to Table 3-1

Multiple Choice

-Refer to Table 3-1. What does each producer have an absolute advantage in?

A) The farmer has an absolute advantage in meat, and the rancher has an absolute advantage in potatoes.
B) The farmer has an absolute advantage in potatoes, and the rancher has an absolute advantage in meat.
C) The rancher has an absolute advantage in neither good, and the farmer has an absolute advantage in both goods.
D) The farmer has an absolute advantage in neither good, and the rancher has an absolute advantage in both goods.