According to the accompanying table, Kate has the absolute advantage in making Time to Make a Pie Time to Make a Cake 60 minutes 60 minutes 50 minutes 80 minutes Kate Julia Multiple Choice cakes. ples. neither ples nor cakes. both pies and cakes.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter4: Utility Maximization And Choice
Section: Chapter Questions
Problem 4.3P
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According to the accompanying table, Kate has the absolute advantage in making
Time to Make a Pie Time to Make a Cake
60 minutes
80 minutes
Kate
Julia
Multiple Choice
O
cakes.
ples
60 minutes
50 minutes
neither pies nor cakes.
both pies and cakes.
< Previ
9 of 10
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Transcribed Image Text:According to the accompanying table, Kate has the absolute advantage in making Time to Make a Pie Time to Make a Cake 60 minutes 80 minutes Kate Julia Multiple Choice O cakes. ples 60 minutes 50 minutes neither pies nor cakes. both pies and cakes. < Previ 9 of 10 Next >
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