Multiple Choice
Tom and Jerry have two tasks to do all day: make dishes and build fences.If Tom spends all day making dishes,he will have make 16 dishes.If he instead devotes his day to building fences,Tom will build 4 fences.If Jerry spends his day making dishes,he will make 14 dishes; if he spends the day building fences,he will build 7 fences.Jerry has a comparative advantage in:
A) dish production because he has the lower opportunity cost of a dishes.
B) dish production because he has the higher opportunity cost of a dishes.
C) fence production because he has the lower opportunity cost of a fence.
D) fence production because he has the higher opportunity cost of a fence.
Correct Answer:

Verified
Correct Answer:
Verified
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