Multiple Choice

Table 3-3
-Refer to Table 3-3.What does each of the two producers have a comparative or absolute advantage in
A) Kevin has a comparative advantage in sweaters, and Amy has an absolute advantage in neither good.
B) Kevin has a comparative advantage in blankets, and Amy has an absolute advantage in sweaters.
C) Kevin has a comparative advantage in sweaters, and Amy has an absolute advantage in blankets.
D) Kevin has a comparative advantage in blankets, and Amy has an absolute advantage in both goods.
Correct Answer:
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