Multiple Choice
Figure 3-3
Ice cream is measured in kilograms.
-Refer to Figure 3-3. Which of the following is correct?
A) Ben has an absolute advantage in ice cream and Jerry has an absolute advantage in cones.
B) Ben has an absolute advantage in cones and Jerry has an absolute advantage in ice cream.
C) Ben has an absolute advantage in neither good and Jerry has an absolute advantage in both goods.
D) Ben has an absolute advantage in both goods and Jerry has an absolute advantage in neither good.
Correct Answer:

Verified
Correct Answer:
Verified
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Q156: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
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Q158: How is absolute advantage found?<br>A)By comparing opportunity
Q159: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q161: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4
Q162: Table 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-6
Q163: Figure 3-3<br>Ice cream is measured in kilograms.
Q164: Table 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-3
Q165: When will a production possibilities frontier be