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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Suppose Ann can produce 8 units of a material good (M) or 4 units of a spiritual good (S) in a day, while Ben can produce only 3 Ms or 3 Ss in a day. Which statement below is true?
A) Ben has a comparative advantage in spiritual goods.
B) Ann has a comparative advantage in spiritual goods.
C) Ben has a comparative advantage in material goods.
D) Ann has a comparative advantage in both spiritual and material goods.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
8 years ago
It was nothing, thanks for updating us.
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