Advantage in the production of toy trains

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Question: Suppose Jassie and Tucker can both produce two goods: teddy bears and toy trains. Which of the following is not possible? Suppose Jassie and Tucker can both produce two goods: teddy bears and toy trains. Which of the following is not possible? Jim has an absolute advantage in the production of toy trains and a comparative advantage in the production of teddy bears. Jim has a comparative advantage in the production of teddy bears and in the production of toy trains. Jim has an absolute advantage in the production of teddy bears and a comparative advantage in the production of toy trains. Jim has an absolute advantage in the production of teddy bears and in the production of toy trains.

Reference no: EM133706810

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