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Retnec Retnec
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6 years ago
Sally can write 2 novels or 6 songs in 1 year. Allan can write 1 novel or 4 songs in a year's time. Which of the following is true?
A) Allan has an absolute advantage in the production of songs.
B) Sally has an absolute advantage in the production of both novels and songs and a comparative advantage in the production of songs.
C) Allan has a comparative advantage in the production of novels.
D) Sally has a comparative advantage in the production of novels.
E) Allan has an absolute advantage in the production of novels.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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Retnec Author
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#2
6 years ago
You have the correct answer! Smiling Face with Halo
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