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Say that Allard can produce 32 units of food per person per year or 16 units of clothing per year but georgeland can produce 24 units of food per
Say that Allard can produce 32 units of food per person per year or 16 units of clothing per year but georgeland can produce 24 units of food per year or 12 units of clothing which of the following is true.
Allard has both a comparative and absolute advantage producing food
Allard has comparative advantage but not absolute advantage in producing food
Georgeland has both a comparative and absolute disadvantage in producing clothing
Georgeland has an absolute disadvantage but not a comparative disadvantage in producing clothing