Saturday, July 2, 2011

If Sam can chop up more carrots per minute than Joe can, then

ECONOMICS

Multiple Choice

If Sam can chop up more carrots per minute than Joe can, then

a.Joe has an absolute advantage in carrot chopping

b.Joe must have a comparative advantage in carrot chopping

c.Sam has an absolute advantage in carrot chopping

d.Sam must have a comparative advantage in carrot chopping

e.we can conclude nothing about absolute advantage

Click here for the SOLUTION

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