Figure 3-3

-Refer to Figure 3-3.Ginger has an absolute advantage in
A)ballet slippers and Fred has an absolute advantage in tap shoes.
B)tap shoes and Fred has an absolute advantage in ballet slippers.
C)neither good and Fred has an absolute advantage in both goods.
D)both goods and Fred has an absolute advantage in neither good.

Question

Figure 3-3
 
-Refer to Figure 3-3.Ginger has an absolute advantage in
A)ballet slippers and Fred has an absolute advantage in tap shoes. 
B)tap shoes and Fred has an absolute advantage in ballet slippers. 
C)neither good and Fred has an absolute advantage in both goods. 
D)both goods and Fred has an absolute advantage in neither good.

Quizplus · Accepted Answer

Ginger has a lower opportunity cost of producing ballet slippers than Fred, and Fred has a lower opportunity cost of producing tap shoes than Ginger.

Figure 3-3 -Refer to Figure 3-3.Ginger Has an Absolute Advantage in