Question

Jose can​ wash, fold, and iron a basket of laundry in two hours and prepare a meal in one hour. His roommate Roberto can​ wash, fold, and iron a basket of laundry in three hours and prepare a meal in one hour. The absolute advantage in laundry is held by A. Jose. B. Roberto. C. neither person. The comparative advantage in meal preparation is held by A. Jose. B. Roberto. C. neither person.

Answer 1

Answer:

A) Jose B) Roberto

Explanation:

Absolute advantage is the advantage when work is given two individuals or producer and provide the same resources, the person who works faster and better can have the absolute advantage.  

For example, if my friend is washing 100 dishes in one hour and on the other hand I am washing some dishes in two hours or we can say I am washing 50 dishes in one hour then my friend has more absolute advantage in dish washing skills than me.