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14 July, 06:18

In a day Susan can write 4 sonnets or 200 lines of computer code. Tom can write 1 sonnet or 100 lines of computer code in a day. Which is the following statements is true?1. Susan has an absolute advantage in both products. 2. Susan has an absolute advantage in both products and should produce both. 3. Susan has a comparative advantage in both products. 4. Tom has no absolute advantage but does have a comparative advantage in writing computer code. 5. Tom has no absolute advantage but does have a comparative advantage in writing sonnets.

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  1. 14 July, 09:17
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    Answer: 4

    Explanation

    : tom has no absolute advantage but does have a comparative advantage in writing computer code
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