Question

To produce 100 bushels of wheat, Farmer A requires fewer inputs than does Farmer B. We can conclude that Farmer A has an absolute advantage over Farmer B in producing wheat. To produce 100 bushels of wheat, Farmer A requires

a. True
b. False

Answer 1

Answer: true

Explanation:The statement, "To produce 100 bushels of wheat, Farmer A requires more inputs than does Farmer B. We can conclude that Farmer A has an absolute advantage over Farmer B in producing wheat," is False. In fact, precisely the opposite is true.