PLEASE HELP WILL RATE! (please dont answer unless you are totally sure) Rachel h
ID: 1146846 • Letter: P
Question
PLEASE HELP WILL RATE! (please dont answer unless you are totally sure)
Rachel has an absolute advantage in cooking and Grace has an absolute advantage in making sandwiches. Assuming that the population consists only of Rachel and Grace, we know that O A. O B. neither has a comparative advantage in either task. we can't tell who has a comparative advantage in cooking or in making sandwiches. C. Rachel has a comparative advantage in making sandwiches and Grace has a comparative advantage in cooking. O D. Rachel has a comparative advantage in cooking and Grace has a comparative advantage in making sandwiches.Explanation / Answer
The correct answer is: d)
Reason: Since each one has an absolute advantage in each product, we can say that they have comparative advantage in respective product also.
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Thanks!
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