Parasail Boat Fishing Boat

Macro Islands 3 12

Micro Islands 5 10

Which of the following is true concerning the table above?

1. The Micro Islands have the absolute advantage in the production of parasail boats.
2. The Macro Islands have the comparative advantage in the production of parasail boats.
3. The Micro Islands have the comparative advantage in the production of parasail boats.

I only.

II only.

III only.

I and III only.

I and II only.