Smith and Jones comprise a two-person economy. Their hourly rates of production are shown below. CalculatorsPer HourComputersPer HourSmith10010Jones1206Suppose Smith and Jones begin by producing 100 calculators per hour; as Smith and Jones choose to efficiently produce fewer computers and more calculators, ________ should devote more time to calculators because his ________.

A. Smith; opportunity costs are lower
B. Jones; opportunity costs are lower
C. Smith; absolute advantage is larger
D. Jones; absolute advantage is smaller


Answer: B

Economics

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