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19 November, 03:20

8/12A) Horace has a comparative advantage in both tasks. B) Tammi has a comparative advantage in both tasks. C) Horace has a comparative advantage in grooming dogs and Tammi in bathing cats. D) Horace has a comparative advantage in bathing cats and Tammi in grooming dogs.

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  1. 19 November, 04:37
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    B) Tammi has a comparative advantage in both tasks.

    Explanation:

    Based on the information provided in the question, Horace does not have the total advantage in the grooming of dogs as well as the bathing of cats due to the opportunity cost. On the other hand, Tammi has the total advantage of the bathing of cats as well as the grooming of dogs due to the opportunity cost. Therefore, the correct option is option B.
  2. 19 November, 05:25
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    Comparative and similar advantages
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