James 16 wagons, 32 tricycles. Lucy 18 wagons, 24 tricycles Table 2-6 shows the output per week of two people, James and Lucy. They can either devote their time to making bracelets or making necklaces. 3) Refer to Table 2-6. Which of the following statements is true?
A) Lucy has a comparative advantage in making tricycles and James in making wagons.
B) James has a comparative advantage in making both products.
C) Lucy has a comparative advantage in making both products.
D) Lucy has a comparative advantage in making wagons and James in making tricycles
Answer: D) Lucy has a comparative advantage in making wagons and James in making tricycles
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