Business, 13.02.2020 20:57 evelyn82

Michael and Martha run a mechanic shop. In one hour Michael can perform eight oil changes or change ten tires. In one hour Martha can perform seven oil changes or change fourteen tires. Given this information which of the following is true?
A) Martha has a comparative advantage in changing oil.
B) Martha has an absolute advantage in changing oil.
C) Michael has a comparative advantage in changing tires.
D) Michael has an absolute advantage in changing tires.
E) Michael has an absolute and a comparative advantage in changing oil

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Michael and Martha run a mechanic shop. In one hour Michael can perform eight oil changes or change...

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