Figure 3-2

-Refer to Figure 3-2.Ben has an absolute advantage in
A)ice cream and Jerry has an absolute advantage in cones.
B)cones and Jerry has an absolute advantage in ice cream.
C)neither good and Jerry has an absolute advantage in both goods.
D)both goods and Jerry has an absolute advantage in neither good.

Question

Figure 3-2
 
-Refer to Figure 3-2.Ben has an absolute advantage in
A)ice cream and Jerry has an absolute advantage in cones. 
B)cones and Jerry has an absolute advantage in ice cream. 
C)neither good and Jerry has an absolute advantage in both goods. 
D)both goods and Jerry has an absolute advantage in neither good.

Quizplus · Accepted Answer

It can be seen from the table that Ben can produce 20 cones or 40 ice creams in one hour, while Jerry can produce 30 cones or 60 ice creams in one hour. This means that Ben has an absolute advantage in producing ice creams, while Jerry has an absolute advantage in producing cones.

Figure 3-2 -Refer to Figure 3-2.Ben Has an Absolute Advantage in