Chapter 002 Comparative Advantage

3. If Leslie can produce two pairs of pants in an hour while Eva can make one pair an hour, then it must be the case that A. Leslie has a comparative advantage.B. Leslie has an absolute advantage. C. Eva has a comparative advantage.D. Leslie has both comparative and absolute advantage. AACSB: Analytical Skills. Bloom's: Knowledge ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download