501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810
Principles of Microeconomics/Basic Economic Concepts
Start Practice TestPractice Test
About Exam
medium

Labor Hours and Absolute Advantage

< Prev
Next >
The accompanying table shows the labor hours required to produce one unit of two goods, salmon and coconut creme pies, in two countries. Assuming labor is the only input, which of the following statements is true?

A

Country C has an absolute advantage in the production of one good, but not both.

B

Country C has an absolute advantage in the production of both goods.

C

Neither country has an absolute advantage in the production of these two goods.

D

Country D has an absolute advantage in the production of one good, but not both.

E

Country D has an absolute advantage in the production of both goods.

Hint
Did You Know?
Explain Why
Explain All Answers
Check Answer
Show Correct Answer
Report Question

AI Tutor

How can I help?

© 2026 clep.ai · CLEPAI Foundation, a 501(c)(3) non-profit (EIN 42-2740810) · Not affiliated with College Board