Steve can wash, fold, and iron a basket of laundry in two hours and prepare a meal in one hour. His roommate Mike can wash, fold, and iron a basket of laundry in three hours and prepare a meal in one hour.

The absolute advantage in laundry is held by

A$.$ Steve.

B$.$ Mike.

C$.$ neither person.

The comparative advantage in meal preparation is held by

A$.$ Steve.

B$.$ Mike.

C$.$ neither person.