Solved

Al and Bill Are the Only Workers in a Small

Question 32

Multiple Choice

Al and Bill are the only workers in a small factory which makes geegaws and doodads.Al can make 5 geegaws per hour or 15 doodads per hour.Bill can make 2 geegaws per hour or 12 doodads per hour.Assuming that neither of them finds one task more odious than the other,


A) Al has a comparative advantage in producing geegaws and Bill has a comparative advantage in producing doodads.
B) Bill has a comparative advantage in producing geegaws and Al has a comparative advantage in producing doodads.
C) Al has a comparative advantage in producing both geegaws and doodads.
D) Bill has a comparative advantage in producing both geegaws and doodads.
E) both have a comparative advantage in producing doodads.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions