Saturday, July 2, 2011

If Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours, then

ECONOMICS

Multiple Choice

If Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours, then

a.Sarah has a comparative advantage in shoemaking

b.Daniel has a comparative advantage in shoemaking

c.Sarah has an absolute and a comparative advantage in shoemaking

d.Daniel has an absolute and a comparative advantage in shoemaking

e.Sarah has an absolute advantage in shoemaking

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