Labour hours needed to make 1 kilo y : u : Kilo y : u - reduced in 12 hours: Farmer 4 1 3 12 Rancher 4 6 | 3 2 28. Refer to the above table. What does each producer have an absolute advantage in? 29. 30. a. The farmer has an absolute advantage in meat, and the rancher has an absolute advantage in potatoes. b. The farmer has an absolute advantage in neither, and the rancher has an absolute advantage in meat. c. The farmer has an absolute advantage in potatoes good, and the rancher has an absolute advantage in both goods. d. The farmer has an absolute advantage in potatoes, and the rancher has an absolute advantage in neither good. Why does total output in an economy increase when each person specializes? a. because there is much less competition for the same resources b. because each person spends more time producing that product for which they have a comparative advantage c. because a wider variety of products can be produced with specialization d. because more people will be producing products than beforel What are exports? a. limits placed on the quantity of goods brought into a country b. goods produced abroad and sold domestically c. a country's ability to produce a good d. goods produced domestically and sold abroad