Answer:
true
Step-by-step explanation:
Answer:
1/4
Step-by-step explanation:
4 classes, each class gets one spot!
Answer:
5.98
Step-by-step explanation:
You need to provide a picture of the data or else nobody can solve it.
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>
