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Sublight2097 Sublight2097
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9 years ago
Harry and Gus fish the same lake together from the same boat. Each morning Harry typically catches either 20 bluegills or 5 walleyes (depending on how deep he fishes) while Gus typically catches either 20 bluegills or 2 walleyes (depending on how deep he fishes). Which statement below is true?
A) Gus has a comparative advantage in bluegills and in walleyes.
B) Harry has a comparative advantage in bluegills and in walleyes.
C) Harry has a comparative advantage in walleyes, not bluegills.
D) Because they fish from the same boat, neither one of them has a comparative advantage.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Another one in the books, marking it solved.
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#3
9 years ago
Glad to help you, and good luck with your course.
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