Molly and Pete use an art/graphics design program on their computers to design video game avatars and tattoos. The following table gives points on their production possibility frontiers. Molly Avatars 0 2 4 6 8 Tattoos 16 12 8 4 0 Pete Avatars 0 2 4 6 8 Tattoos 12 9 6 3 0 Given the production possibility tables for both Molly and Pete presented above, we can determine that: Molly has a comparative advantage in the production of avatars Neither producer has a comparative advantage at either product Molly has a comparative advantage in the production of both commodities Pete has a comparative advantage in the production of avatars

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Molly and Pete use an art/graphics design program on their computers to design video
game avatars and tattoos. The following table gives points on their production possibility
frontiers.
Molly
Avatars
0
2
4
6
8
Tattoos
16
12
8
4
0
Pete
Avatars
0
2
4
6
8
Tattoos
12
Molly has a comparative advantage in the production of avatars
Neither producer has a comparative advantage at either product
Molly has a comparative advantage in the production of both commodities
Pete has a comparative advantage in the production of avatars
9
6
3
0
Given the production possibility tables for both Molly and Pete presented above, we can
determine that:
Transcribed Image Text:Molly and Pete use an art/graphics design program on their computers to design video game avatars and tattoos. The following table gives points on their production possibility frontiers. Molly Avatars 0 2 4 6 8 Tattoos 16 12 8 4 0 Pete Avatars 0 2 4 6 8 Tattoos 12 Molly has a comparative advantage in the production of avatars Neither producer has a comparative advantage at either product Molly has a comparative advantage in the production of both commodities Pete has a comparative advantage in the production of avatars 9 6 3 0 Given the production possibility tables for both Molly and Pete presented above, we can determine that:
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