Multiple Choice
Figure 3-1
-Refer to Figure 3-1.Which of the following statements is correct?
A) Paul has a comparative advantage in both wheat and corn.
B) Paul has a comparative advantage in wheat and Cliff has a comparative advantage in corn.
C) Cliff has a comparative advantage in wheat and Paul has a comparative advantage in corn.
D) Cliff has a comparative advantage in both wheat and corn.
Correct Answer:
Verified
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