Multiple Choice
Figure 3-4
-Refer to Figure 3-4. Which of the following is correct?
A) Ben has a comparative advantage in wine, and Jerry has an absolute advantage in both goods.
B) Ben has a comparative advantage in beer, and Jerry has an absolute advantage in both goods.
C) Ben has a comparative advantage in beer, and Jerry has an absolute advantage in wine.
D) Ben has a comparative advantage in wine, and Jerry has an absolute advantage in beer.
Correct Answer:

Verified
Correct Answer:
Verified
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