Hudson Online
ECO202: Principles of Microeconomics
Unit 2 AS1: Trade-offs
Student Name: Mariam Darwiche
Q1.
Serena
Haley
Bracelets
8
9
Necklaces
16
12
The table above shows the output per week of two jewelers, Serena and Haley. They
can either devote their time to making bracelets or making necklaces.
a) Who has the absolute advantage in making bracelets?Answer: Haley has a
comparative advantage in making bracelets