Question: Refer to Figure 3 - 4 . What does each of the two producers have an absolute advantage in ? Ben has an absolute advantage
Refer to Figure What does each of the two producers have an absolute advantage in
Ben has an absolute advantage in neither good, and Jerry has an absolute advantage in both goods.
Ben has an absolute advantage in wine, and Jerry has an absolute advantage in beer.
Ben has an absolute advantage in beer, and Jerry has an absolute advantage in wine.
Ben has an absolute advantage in wine, and Jerry has an absolute advantage in neither good.
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