?Kites /hourSnowboards /hourJesse81April123
Consider two individuals, Jesse and April, who hand paint kites and snowboards. Table 18.2 shows how much of each good Jesse and April can paint in one hour. Which of the following is TRUE?
A. Jesse has an absolute advantage in painting kites but not snowboards.
B. Jesse has an absolute advantage in painting snowboards but not kites.
C. Jesse has an absolute advantage in painting both goods.
D. Jesse has an absolute advantage in painting neither good.
Answer: D
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Figure 19-3
Which panel in Figure 19-3 represents the case of an effective usury law?
A. 1 B. 2 C. 3 D. 4
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Answer the following statement true (T) or false (F)
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What will be an ideal response?