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Title: Frank can build either 3 bookcases or 1 kitchen table per week. Jim can build either 4 bookcases or ... Post by: Retnec on May 25, 2017 Frank can build either 3 bookcases or 1 kitchen table per week. Jim can build either 4 bookcases or 2 kitchen tables in a week's time. We can say that
A) Frank has an absolute advantage in the production of both bookcases and kitchen tables. B) Frank has an absolute advantage in the production of bookcases and a comparative advantage in the production of kitchen tables. C) Jim has an absolute advantage in the production of both products and a comparative advantage in the production of bookcases. D) Jim has a comparative advantage in the production of kitchen tables, and Frank has a comparative advantage in the production of bookcases. E) Jim has a comparative advantage in the production of both products. Title: Re: Frank can build either 3 bookcases or 1 kitchen table per week. Jim can build either 4 bookcases ... Post by: hecosmetic on May 25, 2017 Content hidden
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