Table 3-23
Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate.

-Refer to Table 3-23. The farmer has a comparative advantage in the production of
A)pork.
B)tomatoes.
C)both goods.
D)neither good.

Question

Table 3-23
Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate.
​ 
-Refer to Table 3-23. The farmer has a comparative advantage in the production of
A)pork. 
B)tomatoes. 
C)both goods. 
D)neither good.

Quizplus · Accepted Answer

The farmer has a lower opportunity cost for producing tomatoes (1/2 pork) compared to the rancher (2 pork) while their opportunity cost for producing pork is the same (2 tomatoes). Therefore, the farmer has a comparative advantage in producing tomatoes.

Table 3-23 Assume That the Farmer and the Rancher Can Switch Between