Multiple Choice
Suppose that Captain Canada can produce 100 hockey sticks or 10 gallons of maple syrup in a typical work week, while Captain Germany can produce 90 hockey sticks or 10 gallons of maple syrup in a typical work week.From these numbers, we can conclude
A) Captain Canada has a comparative advantage in the production of hockey sticks.
B) Captain Germany has a comparative advantage in the production of maple syrup.
C) Captain Canada has an absolute advantage in the production of hockey sticks.
D) All of the above conclusions are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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