Table 3-20
Assume that Brad and Theresa can switch between producing wheat and producing beef at a constant rate.
-Refer to Table 3-20. Brad has an absolute advantage in the production of
A) wheat and Theresa has an absolute advantage in the production of beef.
B) beef and Theresa has an absolute advantage in the production of wheat.
C) both goods and Theresa has an absolute advantage in the production of neither good.
D) neither good and Theresa has an absolute advantage in the production of both goods.
Correct Answer:
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