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Author Question: Table 7-2 Madison and Austin own Cafe Ole'. Table 7-2 lists the number of empanadas and tacos ... (Read 3290 times)

joe

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on: Mar 16, 2019

Table 7-2






Madison and Austin own Cafe Ole'. Table 7-2 lists the number of empanadas and tacos Madison and Austin can each make in one hour.






Refer to Table 7-2.  Select the statement that accurately interprets the data in the table.


◦ Madison has a comparative advantage in making empanadas.
◦ Austin has an absolute advantage in making tacos.
◦ Austin has a comparative advantage in making empanadas.
◦ Austin has a comparative advantage in making empanadas and making tacos.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by joe on Mar 16, 2019

wuly

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Reply #1 on: Mar 16, 2019
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