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1 July, 00:54

If Scout has an absolute advantage over Dill

a. Scout has more money than Dill

b. The problem of scarcity applies to Dill, but not to Scout

c. The problem of scarcity applies to Scout, but not to Dill

d. Scout can accomplish more in a given period of time than Dill can

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Answers (1)
  1. 1 July, 02:22
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    d. Scout can accomplish more in a given period of time than Dill can.

    Explanation:

    Comparative advantage is when an individual have a major advantage against the other person / persons be it in terms of productivity or even quality of the product. This means that whatever advantage over the production or means of productivity will all be on the side of the person with the majority / absolute, leaving him / her to be able to do whatever he / she wants and produce more than the others. This will lead to the major gap in their status too, and lead to a major difference in their standing. It also means that an individual lose less than the others in his / her attempts to get her work done.

    Thus, the correct answer is option d.
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