Social Studies, 10.03.2022 01:50 kymberlyasher
Jennifer and Peter each produce apple icees and banana bread. Peter can produce 40 apple icees and 25 banana bread. Jennifer can produce 60 apple icees and 30 banana bread. Which of the following statements is true? Immersive Reader
A. Jennifer has both an absolute advantage and a comparative advantage in making apple icees.
B. Peter has a comparative advantage in making both apple icees and banana bread
C. Peter has a comparative advantage in making icees and Jennifer has a comparative advantage in making banana bread.
D. Peter has a comparative advantage in making icees, and Jennifer has a absolute advantage in making banana bread
Answers: 1
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Jennifer and Peter each produce apple icees and banana bread. Peter can produce 40 apple icees and 2...
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