Table 19.3 Candles Soap Bryce 150 450 Tina 200 450 Bryce and Tina are artisans who produce homemade candles and soap. Table 19.3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month. Refer to Table 19.3. Select the statement that accurately interprets the data in the table. Tina has a comparative advantage in making soap. Bryce has a comparative advantage in making soap. Tina has a comparative advantage in making candles and making soap. Neither Bryce nor Tina has a comparative advantage in making soap.
Table 19.3 Candles Soap Bryce 150 450 Tina 200 450 Bryce and Tina are artisans who produce homemade candles and soap. Table 19.3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month. Refer to Table 19.3. Select the statement that accurately interprets the data in the table. Tina has a comparative advantage in making soap. Bryce has a comparative advantage in making soap. Tina has a comparative advantage in making candles and making soap. Neither Bryce nor Tina has a comparative advantage in making soap.
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section: Chapter Questions
Problem 2CQQ
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