Business, 22.01.2021 04:10, ari8361

Sam and Christine both run their own lawn care businesses. Sam can mow a lawn in 30 minutes and trim a lawn in 20 minutes: Christine can mow a lawn in 20 minutes and trim a lawn in 20 minutes Who has absolute and comparative advantage in trimming lawns?

А

Sam has comparative advantage in trimming lawns; no one has absolute advantage in trimming lawns.

B

Christine has comparative advantage in trimming lawns; no one has absolute advantage in trimming lawns.

С

Christine has absolute and comparative advantage in trimming lawns.

D

Sam has absolute and comparative advantage in trimming lawns.

Answers: 2

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Sam and Christine both run their own lawn care businesses. Sam can mow a lawn in 30 minutes and trim...