Table 3.3 -Consider Two Individuals,Bob and Jerry,who Produce Guitars and Banjos.Bob and Banjos.Bob
Multiple Choice
Table 3.3
-Consider two individuals,Bob and Jerry,who produce guitars and banjos.Bob and Jerry's weekly productivity are shown in Table 3.3.Which of the following is true?
A) Bob has a comparative advantage in producing guitars but not banjos.
B) Bob has a comparative advantage in producing banjos but not guitars.
C) Bob has a comparative advantage in producing both goods.
D) Bob does not have a comparative advantage in producing either good.
Correct Answer:

Verified
Correct Answer:
Verified
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