Xavier and Juanita Both Work Full-Time at Low-Wage Jobs in Order

question 52

Multiple Choice

Xavier and Juanita both work full-time at low-wage jobs in order to pay the rent on their apartment. While they are at work, Juanita's mother cares for their 18-month-old son. In this scenario, the low wages represent a ________, and Juanita's mother's care represents a ________.

• A) resource; resource
• B) resource; stressor
• C) stressor; stressor
• D) stressor; resource

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Definitions:

Comparative Advantage

A principle stating that if a country produces a good at a lower opportunity cost than another, it has a comparative advantage.

Opportunity Costs

The expense incurred from not selecting the subsequent preferable choice when a decision is made.

Comparative Advantage

The ability of a country or entity to produce a good or service at a lower opportunity cost than others, enabling trade benefits.

Production

A process that transforms resources into goods and services.