Which of the following statements is true about absolute advantage?
Hollomantopia has the absolute advantage in producing cat toys and dog toys.
• Canineland has the absolute advantage in producing dog toys only.
Canineland has the absolute advantage in producing cat toys and dog toys.
• Hollomantopia has the absolute advantage in producing cat toys only.
1 answer
The statement "Hollomantopia has the absolute advantage in producing cat toys and dog toys" is true about absolute advantage.