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Both Mergatroid and the Geebocks Produce Only Gizmos and Widgets

Question 194

Multiple Choice

Both Mergatroid and the Geebocks produce only gizmos and widgets. It is possible for Mergatroid to have


A) an absolute and a comparative advantage in both products.
B) an absolute but not a comparative advantage in both products.
C) a comparative but not an absolute advantage in both products.
D) neither a comparative nor an absolute advantage in both products.

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