True/False
Rusty can edit 2 pages in one minute, and can type 80 words in one minute. Emily can edit 1 page in one minute, and can type 100 words in one minute. Rusty has an absolute and comparative advantage in editing, and Emily has an absolute and comparative advantage in typing.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: On what is trade based?<br>A)absolute advantage.<br>B)comparative advantage.<br>C)production
Q39: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4
Q40: Figure 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-4
Q41: Suppose that Korea produces shoes and soccer
Q42: Table 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-5
Q43: If there is trade, which of the
Q45: Table 3-6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-6
Q48: Mike and Sandy are two woodworkers who
Q110: Two countries can achieve gains from trade
Q161: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-2