The table given below shows the number of labor hours required to produce 1 umbrella and 1 bushel of corn in the U.K. and the Rest of the World. The United Kingdom has an absolute advantage in the production of _____. $$\begin{array} { | c | c | c | }
\hline \text { Labor hours to make: } & \text { In the Urited Kingdorn } & \text { In the Rest of the World } \
\hline \text { l umbrella } & 3.00 & 2.00 \
\hline \text { 1 bushel of corn} & 1.00 & 0.25 \
\hline
\end{array}$$
A)neither corn nor umbrella
B)both corn and umbrella
C)only corn
D)only umbrella

Question

The table given below shows the number of labor hours required to produce 1 umbrella and 1 bushel of corn in the U.K. and the Rest of the World. The United Kingdom has an absolute advantage in the production of _____. $$\begin{array} { | c | c | c | } 
\hline \text { Labor hours to make: } & \text { In the Urited Kingdorn } & \text { In the Rest of the World } \
\hline \text { l umbrella } & 3.00 & 2.00 \
\hline \text { 1 bushel of corn} & 1.00 & 0.25 \
\hline
\end{array}$$
A)neither corn nor umbrella
B)both corn and umbrella
C)only corn
D)only umbrella

Quizplus · Accepted Answer

The United Kingdom does not have an absolute advantage in the production of either corn or umbrellas because it requires more labor hours to produce an umbrella and more labor hours to produce a bushel of corn compared to the Rest of the World.

The Table Given Below Shows the Number of Labor Hours