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Use the Following Scenario to Answer the Following Questions

Question 61

Multiple Choice

Use the following scenario to answer the following questions:
Natasha can produce either 5,000 pounds of cheese or 20 houses per year.Jameson can produce either 5,000 pounds of cheese or 10 houses per year.
-Natasha has a comparative advantage in the production of ________,and Jameson has a comparative advantage in the production of ________.


A) houses; houses
B) houses; cheese
C) cheese; houses
D) both goods; houses
E) both goods; cheese

Correct Answer:

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