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Title: Consider two individuals, Artie and Deena, who produce wind chimes and sun dials.
Post by: nyounger on Jul 22, 2019
Wind ChimesSun Dials
Deena912
Artie68

Table 3.4


Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and Deena's weekly productivity are shown in Table 3.4. Which of the following is true?

▸ Artie has a comparative advantage in producing wind chimes but not sun dials.

▸ Artie has a comparative advantage in producing sun dials but not wind chimes.

▸ Artie has a comparative advantage in producing both goods.

▸ Artie does not have a comparative advantage in producing either good.


Title: Consider two individuals, Artie and Deena, who produce wind chimes and sun dials.
Post by: getdh on Jul 22, 2019
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Title: Consider two individuals, Artie and Deena, who produce wind chimes and sun dials.
Post by: nyounger on Jul 22, 2019
Appreciate the effort, thank you!


Title: Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and ...
Post by: tlc_71111 on Jul 22, 2019
Wind ChimesSun Dials
Deena912
Artie68

Table 3.4


Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and Deena's weekly productivity are shown in Table 3.4. Which of the following is true?

▸ Deena has an absolute advantage in producing both goods, and a comparative advantage in producing sun dials.

▸ Deena has an absolute and a comparative advantage in producing both goods.

▸ Deena has an absolute advantage in producing both goods, and a comparative advantage in producing wind chimes.

▸ Deena has an absolute advantage in producing both goods, but no one has a comparative advantage in producing either good.


Title: Consider two individuals, Artie and Deena, who produce wind chimes and sun dials. Artie's and ...
Post by: Matt. DeSouza on Jul 22, 2019
Deena has an absolute advantage in producing both goods, but no one has a comparative advantage in producing either good.