Timmy can edit 2 pages in one minute and he can type 80 words in one minute. Olivia can edit 1 page in one minute and she can type 100 words in one minute. Timmy has an absolute advantage and a comparative advantage in editing, while Olivia has an absolute advantage and a comparative advantage in typing.

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Timmy edits more pages per minute than Olivia, giving him an absolute advantage in editing. Olivia types more words per minute than Timmy, giving her an absolute advantage in typing. Timmy's opportunity cost of editing is lower than Olivia's, giving him a comparative advantage in editing, while Olivia's opportunity cost of typing is lower than Timmy's, giving her a comparative advantage in typing.

Timmy Can Edit 2 Pages in One Minute and He