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Graph Set 2 Sheldon's Production Possibility Frontier in 1 hour Leonard's Production Possibility Frontier in 1 hour 4. 5 4 3 Meals 2 Meals 2
Graph Set 2 Sheldon's Production Possibility Frontier in 1 hour Leonard's Production Possibility Frontier in 1 hour 4. 5 4 3 Meals 2 Meals 2 1 1 o 0 0 2. 4 6 8 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Laundry (baskets) Laundry (baskets) According to Graph Set 2; Select one: a. Sheldon has an absolute advantage in meals and Leonard has an absolute advantage in laundry b. Sheldon has an absolute advantage in laundry and Leonard has an absolute advantage in meals c. Sheldon has an absolute advantage in both goods and Leonard has an absolute advantage in neither good d. Sheldon has an absolute advantage in neither good and Leonard has an absolute advantage in both goods According to Graph Set 2; Select one: a. Sheldon would want to specialise in laundry and Leonard would want to specialise in meals O b. Sheldon would want to specialise in meals and Leonard would want to specialise in laundry c. Neither Sheldon nor Leonard wants to trade because there are no gains to be made d. They would both like to specialise in meals
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