If Les can produce two pairs of pants per hour while Eva can produce one pair per hour, then it must be true that:
A)Les has a comparative advantage in producing pants.
B)Les has an absolute advantage in producing pants.
C)Eva has a comparative advantage in producing pants.
D)Les has both comparative and absolute advantage in producing pants.

Question

Quizplus · Accepted Answer

Absolute advantage means being able to produce more in a given time period.

If Les Can Produce Two Pairs of Pants Per Hour