Question
Jim and Dwight have different abilities in the production of paper and pencils.Jim can produce 160 reams of paper per day and 960 pencils per
Jim and Dwight have different abilities in the production of paper and pencils.Jim can produce 160 reams of paper per day and 960 pencils per day.Dwight can produce 120 reams of paper per day and 600 pencils per day.
Who has the absolute advantage in the production of paper?
Question 20 options:
A)
Jim
B)
Dwight
C)
Not enough information
Jim and Dwight have different abilities in the production of paper and pencils.Jim can produce 160 reams of paper per day and 960 pencils per day.Dwight can produce 120 reams of paper per day and 600 pencils per day.
Who has the absolute advantage in the production of pencils?
Question 21 options:
A)
Jim
B)
Dwight
C)
Not enough information
Jim and Dwight have different abilities in the production of paper and pencils.Jim can produce 160 reams of paper per day and 960 pencils per day.Dwight can produce 120 reams of paper per day and 600 pencils per day.
Who has the comparative advantage in the production of paper?
Question 22 options:
A)
Jim
B)
Dwight
C)
Not enough information
Jim and Dwight have different abilities in the production of paper and pencils.Jim can produce 160 reams of paper per day and 960 pencils per day.Dwight can produce 120 reams of paper per day and 600 pencils per day.
Who has the comparative advantage in the production of pencils?
Question 23 options:
A)
Jim
B)
Dwight
C)
Not enough information
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