Multiple Choice
Table 3-2
-Refer to Table 3-62. Which of the following is correct?
A) The Farmer has an absolute advantage in meat, and the Rancher has an absolute advantage in potatoes.
B) The Farmer has an absolute advantage in potatoes, and the Rancher has an absolute advantage in meat.
C) The Farmer has an absolute advantage in neither good, and the Rancher has an absolute advantage in both goods.
D) The Farmer has an absolute advantage in potatoes, and the Rancher has an absolute advantage in neither good.
Correct Answer:
Verified
Correct Answer:
Verified
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