Business, 14.02.2020 04:04 kailahgranger
Berries Fish
Rob 20 80
Bill 30 60
1. Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they had to find and make their own food. Rob and Bill spent one day each fishing and picking berries. The table lists the pounds of output Rob and Bill produced.
A. Rob has an absolute advantage in picking berries and Bill has an absolute advantage in
catching fish.
B. Bill has an absolute advantage in picking berries and Rob has an absolute advantage in
catching fish.
C. Bill has an absolute advantage in picking berries and catching fish.
D. Rob has an absolute advantage in picking berries and catching fish.
2. Use the table above to select the statement that accurately interprets the data in the table.
A. Bill has a comparative advantage in catching fish.
B. Rob has a comparative advantage in picking berries.
C. Rob has a comparative advantage in catching fish and picking berries.
D. Bill has a comparative advantage in picking berries.
Answers: 2
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Berries Fish
Rob 20 80
Bill 30 60
1. Rob Crusoe and Bill Friday spent their week...
Rob 20 80
Bill 30 60
1. Rob Crusoe and Bill Friday spent their week...
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