Multiple Choice
What can be concluded if Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours?
A) Sarah has a comparative advantage in shoemaking.
B) Daniel has a comparative advantage in shoemaking.
C) Sarah has both an absolute advantage and a comparative advantage in shoemaking.
D) Sarah has an absolute advantage in shoemaking.
Correct Answer:
Verified
Correct Answer:
Verified
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