Taylor and Bobby are auto mechanics. Taylor takes 12 hours to replace an engine and 4 hours to replace a set of brakes.  Bobby takes 8 hours to replace an engine and 4 hours to replace a set of brakes.  State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter18: Trading With Other Nations
Section: Chapter Questions
Problem 10AA
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Taylor and Bobby are auto mechanics. Taylor takes 12 hours to replace an engine and 4 hours to replace a set of brakes.  Bobby takes 8 hours to replace an engine and 4 hours to replace a set of brakes.  State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

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