Multiple Choice
Suppose it takes Dan 5 minutes to make a sandwich and 15 minutes to make a smoothie, and it takes Tracy 6 minutes to make a sandwich and 12 minutes to make a smoothie. Which of the following statements is correct?
A) Dan has the comparative advantage in smoothies, but Tracy has the absolute advantage in smoothies.
B) Dan has the comparative and absolute advantage in sandwiches.
C) Dan has the comparative and absolute advantage in smoothies.
D) Dan has the comparative advantage in sandwiches, but Tracy has the absolute advantage in sandwiches.
Correct Answer:
Verified
Correct Answer:
Verified
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