Reference: Ref 2-5 (Table: Production Possibilities for the United States and Mexico) According to the table on Production Possibilities for the United States and Mexico, the United States has an absolute advantage in ________ and a comparative advantage in _________.
A) both goods; corn
B) both goods; potatoes
C) potatoes; corn
D) nothing; potatoes

Question

Reference: Ref 2-5 (Table: Production Possibilities for the United States and Mexico) According to the table on Production Possibilities for the United States and Mexico, the United States has an absolute advantage in ________ and a comparative advantage in _________.
A) both goods; corn 
B) both goods; potatoes 
C) potatoes; corn 
D) nothing; potatoes

Quizplus · Accepted Answer

The Answer of  Reference: Ref 2-5 (Table: Production Possibilities for the United States and Mexico) According to the table on Production Possibilities for the United States and Mexico, the United States has an absolute advantage in ________ and a comparative advantage in _________.
A) both goods; corn 
B) both goods; potatoes 
C) potatoes; corn 
D) nothing; potatoes