International Economics

Phil and Tex are chefs who focus on producing either cheesesteaks or barbecue. Phil can make barbecue at a lower opportunity cost than Tex and Phil can make more cheesesteaks in a day than Tex. Therefore: (select all that apply) Phil has a comparative advantage in cheesesteaks Phil has a comparative advantage in barbecue Phil has an absolute advantage in cheesesteaks Phil has an absolute advantage in barbecue Tex has a comparative advantage in cheesesteaks Tex has a comparative advantage in barbecue ) Tex has an absolute advantage in cheesesteaks Tex has an absolute advantage in barbecue