Bob Tom Political Jokes per day 10 11 Celebrity Jokes per day 2 12 Suppose Bob a
ID: 1252084 • Letter: B
Question
Bob TomPolitical Jokes per day 10 11
Celebrity Jokes per day 2 12
Suppose Bob and Tom are writing jokes for a their new TV show. Suppose there are two types of jokes, political jokes and jokes about celebrities. The number of jokes that can be produced by each person in each category are listed in the figure. From this table you can tell that
A. Tom has an absolute advantage in both political and celebrity jokes but a comparative advantage in political jokes only
B. Bob has an comparative advantage in both political and celebrity jokes
C. Bob has an absolute advantage in both political and celebrity jokes
D. Tom has an comparative advantage in both political and celebrity jokes
E. Tom has an absolute advantage in both political and celebrity jokes but a comparative advantage in celebrity jokes only
Explanation / Answer
C. Bob has an absolute advantage in both political and celebrity jokes