Top Posters
Since Sunday
25
j
23
21
j
21
D
21
z
20
i
19
v
19
a
18
a
18
s
18
a
18
New Topic  
wrote...
Posts: 211
A month ago
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.
Textbook 

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 195 times
5 Replies
Replies
Answer verified by a subject expert
wrote...
Posts: 250
A month ago
Sign in or Sign up in seconds to unlock everything.
Artie does not have a comparative advantage in producing either good.
Related Topics
wrote...
A month ago
Appreciate the effort, thank you!
wrote...
A month ago
You're very welcome ... please mark the topic solved when you get a chance
wrote...
A month ago
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.
Do What Makes You Come Alive
wrote...
A month ago
Deena has an absolute advantage in producing both goods, but no one has a comparative advantage in producing either good.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  123 People Browsing
Your Opinion

Previous poll results: Do you believe in global warming?
Related Images
 133
 92
 47