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You and Friday are castaways. You both need to collect fish and firewood in order to survive. Your opportunity cost of fishing is 0 .
You and Friday are castaways. You both need to collect fish and firewood in order to survive. Your opportunity cost of fishing is logs per calorie of fish, while Friday's is logs per calorie of fish. Based on this information, which of the following statements is true?
Question Select one:
A
Noone has an advantage in anything.
B
You have an absolute advantage in fishing.
C
Friday has a comparative advantage in fishing.
D
You have a comparative advantage in fishing.
E
Friday has an absolute advantage in fishing.
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