If Dana can paint his house faster than Luke, a professional house painter, then
a. Dana has a comparative advantage in house painting
b. Dana has an absolute advantage in house painting
c. Luke has a comparative advantage in house painting
d. Luke has an absolute advantage in house painting
e. Dana should always paint his own house
B
Economics
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A collusion occurs when firms act together to reduce output and keep prices high
a. True b. False Indicate whether the statement is true or false
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