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Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can make 3 tables or 18 chairs, whereas Traci can make 8 tables or 24 chairs. Given this, we know that the opportunity cost of 1 chair is .a. Ken has a comparative advantage in tables. b. Traci has an absolute advantage in chairs. c. Traci has a comparative advantage in chairs. d. Ken has an absolute advantage in chairs.
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If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
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Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can make 3 tabl...
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