Suppose you and a classmate decide to split up tasks for a group project. In two hours you can write 6 pages of a paper or create 24 presentation slides. In the same two hours your classmate can write 4 pages of a paper or create 20 slides. Your work is of equal quality. Do you have an absolute advantage in production for this project?

What will be an ideal response?


You have an absolute advantage in producing both the paper and the presentation slides.

Feedback:
The correct answer is you have an absolute advantage in producing both the paper and the slides. You can produce more of either product than your classmate when you devote the same resources to it.

Economics

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