Multiple Choice
Lou and Alex live together and share household chores.They like to cook some meals ahead and eat leftovers.Suppose that in one hour Lou and Alex can do the following:
-Which of the following is true?
A) Lou has both an absolute and comparative advantage over Alex in both tasks.
B) Alex has both an absolute and comparative advantage over Lou in both tasks.
C) Alex has a comparative advantage over Lou in cleaning.
D) Lou has a comparative advantage over Alex in cleaning.
E) Neither Alex nor Lou has a comparative advantagE.
Correct Answer:
Verified
Correct Answer:
Verified
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