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Suppose Jim and Tucker can both produce two goods: teddy bears and toy trains. Which of the following is not possible? Group of answer choices
Suppose Jim and Tucker can both produce two goods: teddy bears and toy trains. Which of the following is not possible? Group of answer choices Jim has an absolute advantage in the production of teddy bears and in the production of toy trains. Jim has an absolute advantage in the production of teddy bears and a comparative advantage in the production of toy trains. Jim has an absolute advantage in the production of toy trains and a comparative advantage in the production of teddy bears. Jim has a comparative advantage in the production of teddy bears and in the production of toy trains
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