Refer to Table 9-1. Select the statement that accurately interprets the data in the table

A) Sandy has a comparative advantage in dog grooming.
B) Sandy has a comparative advantage in dog bathing.
C) Linda has a comparative advantage in dog grooming and dog bathing.
D) Linda has a comparative advantage in dog grooming.


A

Economics

You might also like to view...

As indicated by real GDP, real GDP per capita and nominal GDP figures, the Great Depression was unmoved by the social reconstruction efforts of President Franklin D. Roosevelt and his supporters

Indicate whether the statement is true or false

Economics

Most businesses in the United States are organized as

a. sole proprietorships b. partnerships c. corporations d. mutual trust companies e. mutual fund companies

Economics

Which of the following will cause the rental cost/user cost of capital to decrease?

A) The rate of depreciation decreases. B) The real interest rate increases. C) The expected profit from the machine decreases. D) all of the above E) none of the above

Economics

"It is possible to restrict imports and still maintain a fixed level of exports." Do you agree or disagree? Why?

What will be an ideal response?

Economics