ECONOMICS
Multiple Choice
If Jeremy has an absolute advantage in cooking and Margaret has an absolute advantage in cleaning, then
a.Jeremy has a comparative advantage in cooking, and Margaret has a comparative advantage in cleaning
b.Jeremy has a comparative advantage in cleaning, and Margaret has a comparative advantage in cooking
c.we can conclude nothing about comparative advantage
d.Jeremy has a comparative advantage in cooking, but we can conclude nothing about Margaret
e.Margaret has a comparative advantage in cleaning, but we can conclude nothing about Jeremy
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