Use the following table to answer the question below.Giovanni's Production Possibilities ScheduleJorge's Production Possibilities SchedulePounds of Green BeansPounds of CornPounds of Green BeansPounds of Corn02400480301802036060120402409060601201200800Who has the comparative advantage in the production of green beans?

Households

A) have no involvement in the circular flow in a market economy. B) sell goods in the product market. C) purchase resources in the factor market. D) sell resources in the factor market.

Oligopoly is a situation when there

A) is one firm in the industry that is fairly large. B) are a few large firms in the industry. C) are too many firms in the industry and there is excess capacity. D) is one giant firm and many smaller firms forming a competitive fringe.