In one day, Brandon can either plow 10 acres or plant 20 acres. In one day, Christopher can either plow 14 acres or plant 14 acres. Which of the following statements about comparative advantage is correct
A: Brandon has a comparative advantage in both plowing and planting.
B: Brandon has a comparative advantage only in plowing.
C: Brandon has a comparative advantage only in planting.
D: Christopher has a comparative advantage in both plowing and planting.
A: Brandon has a comparative advantage in both plowing and planting.
B: Brandon has a comparative advantage only in plowing.
C: Brandon has a comparative advantage only in planting.
D: Christopher has a comparative advantage in both plowing and planting.
举一反三
- In one day, Brandon can either plow 10 acres or plant 20 acres. In one day, Christopher can either plow 14 acres or plant 14 acres. Brandon and Christopher can A: gain from exchange if Brandon specializes in planting and Christopher specializes in plowing. B: gain from exchange if Brandon specializes in plowing and Christopher specializes in planting. C: exchange, but only Brandon will gain from the exchange. D: exchange, but only Christopher will gain from the exchange.
- Given the information in the following table, __________.[img=231x72]17de7621169bfb0.png[/img] A: neither country has a comparative advantage in cloth. B: Home has a comparative advantage in widgets. C: Foreign has a comparative advantage in widgets. D: Home has a comparative advantage in both cloth and widgets.
- Given the information in the following table, _________. Unit labor requirements Cloth Widgets Home 10 20Foreign 60 30 A: neither country has a comparative advantage in cloth. B: Home has a comparative advantage in widgets. C: Foreign has a comparative advantage in widgets. D: Home has a comparative advantage in both cloth and widgets.
- Lao Li has absolute advantages in arable land and planting. Lao Li ( ) A: Only have absolute advantages in arable land B: Only have a comparative advantage in arable land C: Only have an absolute advantage in sowing D: Only have a comparative advantage in sowing
- If a Chinese worker can produce1 ton of wheator3 tons of cornper week, while a Brizilian worker can produce2 tons ofwheator5 tons of cornper week: A: Brizil has absolute advantage in both goods. B: Brazil has comparative advantage in corn and China has comparative in wheat. C: Brazil has comparative advantage in wheat and China has comparative in corn. D: Chinahas absolute advantage in corn.