Multiple Choice
Both Maria and Jorge bake cookies and bread, but Maria spends less time baking each batch of cookies and each loaf of bread than Jorge does. Which of the following is TRUE?
A) Maria has an absolute advantage in baking both cookies and bread.
B) Maria has a comparative advantage in baking both cookies and bread.
C) Jorge has an absolute advantage in baking both cookies and bread.
D) Jorge has a comparative advantage in baking both cookies and bread.
Correct Answer:
Verified
Correct Answer:
Verified
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