A producer is said to have an absolute advantage over another producer when he required less amount of input to produce the same good compared to the other producer.
While a producer is said to have a comparative advantage over another producer when he produces his goods at a lesser opportunity cost compared to the other produer.
Here, time is one of the inputs used in production and Maria produces a scarf at a lesser time compared to Sofia. Thus, Maria has an absolute advantage over Maria in the production of scarves.
Therefore, the true statement is "<span>Maria has an absolute advantage over Sofia".</span>
Need a little bit more information to be able to answer the question
No you can't because there wasn't any zeros in this function.
To find an equal ratio, you can either multiply or divide each term in the ratio by the same number (but not zero).
Answer:
-1/6
Step-by-step explanation:
-2x÷(-2)=1/3÷(-2)
x=1/3÷(-2)
x= 1/3*1/2
x=-1/6
