nathan and Jennifer grow strawberries and raspberries.
Nathan has a comparative advantage in growingstrawberries if
A. Nathan can produce for himself all the fruit he wants.Nathan can produce for himself all the fruit he wants.
B.Nathan's opportunity cost of producing raspberries is greater than Jennifer's opportunity cost of producing raspberries.Nathan's opportunity cost of producing raspberries is greater than Jennifer's opportunity cost of producing raspberries.
C. Nathan can grow more strawberries than Jennifer.Nathan can grow more strawberries than Jennifer.
D.Nathan's opportunity cost of strawberries is less than his opportunity cost of raspberries.Nathan's opportunity cost of strawberries is less than his opportunity cost of raspberries.
If Nathan also has an absolute advantage in growing strawberries and raspberriesâ, he will
A. be a better farmer than Jennifer.be a better farmer than Jennifer.
B. have a comparative advantage one activity but not both.have a comparative advantage one activity but not both.
C.have an equal opportunity cost in all activities.have an equal opportunity cost in all activities.
D.be unable to trade with Jennifer.be unable to trade with Jennifer.
nathan and Jennifer grow strawberries and raspberries.
Nathan has a comparative advantage in growingstrawberries if
A. Nathan can produce for himself all the fruit he wants.Nathan can produce for himself all the fruit he wants.
B.Nathan's opportunity cost of producing raspberries is greater than Jennifer's opportunity cost of producing raspberries.Nathan's opportunity cost of producing raspberries is greater than Jennifer's opportunity cost of producing raspberries.
C. Nathan can grow more strawberries than Jennifer.Nathan can grow more strawberries than Jennifer.
D.Nathan's opportunity cost of strawberries is less than his opportunity cost of raspberries.Nathan's opportunity cost of strawberries is less than his opportunity cost of raspberries.
If Nathan also has an absolute advantage in growing strawberries and raspberriesâ, he will
A. be a better farmer than Jennifer.be a better farmer than Jennifer.
B. have a comparative advantage one activity but not both.have a comparative advantage one activity but not both.
C.have an equal opportunity cost in all activities.have an equal opportunity cost in all activities.
D.be unable to trade with Jennifer.be unable to trade with Jennifer.
