« previous next »

Author Question: If Robin has an absolute advantage in both gardening and baking when compared to Robert, then a. ... (Read 127 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jul 1, 2018
If Robin has an absolute advantage in both gardening and baking when compared to Robert, then
 a. Robin cannot benefit by trading with Robert
  b. Robin can benefit by specializing in gardening if Robert specializes in baking
  c. Robin can benefit by specializing in baking if Robert specializes in gardening
  d. Robin and Robert may benefit from trading, but there is insufficient information to determine who should specialize in what
  e. neither Robin nor Robert can benefit from trading with the other

Question 2

If Jeremy has an absolute advantage in cooking and Margaret has an absolute advantage in cleaning, then
 a. Jeremy has a comparative advantage in cooking, and Margaret has a comparative advantage in cleaning
  b. Jeremy has a comparative advantage in cleaning, and Margaret has a comparative advantage in cooking
  c. we can conclude nothing about comparative advantage
  d. Jeremy has a comparative advantage in cooking, but we can conclude nothing about Margaret
  e. Margaret has a comparative advantage in cleaning, but we can conclude nothing about Jeremy


voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Robert Koch Robert Koch
The Masses, a leading Socialist magazine, featured drawings by artists, including John Sloan, as wel The Masses, a leading Socialist magazine, featured drawings by artists, including John Sloan, as wel
Embryos Compared Embryos Compared
Robert Smithson, Spiral Jetty. Robert Smithson, Spiral Jetty.
Planet Earth compared to all its water and air! Planet Earth compared to all its water and air!
Robin Roberts Robin Roberts
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library