Multiple Choice
Table 2-8
Table 2-8 shows the output per month of two people,Wilma and Betty.They can either devote their time to making marble statues or making marble benches.
-Refer to Table 2-8.Which of the following statements is true?
A) Wilma has a comparative advantage in making both products.
B) Betty has a comparative advantage in making both products.
C) Betty has a comparative advantage in making statues and Wilma in making benches.
D) Betty has a comparative advantage in making benches and Fred in making statues.
Correct Answer:

Verified
Correct Answer:
Verified
Q64: For each pound of salami that Hungary
Q78: Comparative advantage means<br>A)the ability to produce more
Q81: Figure 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-4
Q107: Table 2-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 2-5
Q112: Which of the following is a factor
Q187: The resource income earned by those who
Q195: Table 2-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 2-5
Q205: Adam Smith's _ refers to the process
Q218: A critical function of the government in
Q235: All of the following are considered intellectual