True/False

Consider two farmers, Greta and Carlos. In a year, Greta can produce 1,250 apples or 50 tonnes of wheat. In the same amount of time, Carlos can produce 1,000 apples or 20 tonnes of wheat. Based on this information, the following statement is true: 'Greta has an absolute advantage in the production of both apples and wheat.'

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Updated 2025-09-18

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