Multiple Choice
There are two goods, X and Y. If the opportunity cost of producing good X is lower for Pam than for Gino, then
A) Pam has an absolute advantage in the production of X.
B) Gino has an absolute advantage in the production of Y.
C) Pam has a comparative advantage in the production of X.
D) Gino has a comparative advantage in the production of Y.
E) C and D
Correct Answer:

Verified
Correct Answer:
Verified
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