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Exhibit 2-3 -Given the Information in Exhibit 2-3, Which Product Should Friday

question 69

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Exhibit 2-3
Exhibit 2-3    -Given the information in Exhibit 2-3, which product should Friday (an individual)  make? A)  fishhooks because he can make 30 more per day than Crusoe but only 8 more fishing poles B)  both because he is better at both C)  fishing poles because that is where his comparative advantage lies D)  neither because Crusoe is better at both E)  we cannot tell from the given information
-Given the information in Exhibit 2-3, which product should Friday (an individual) make?


Definitions:

Clean Room

A controlled environment with a low level of pollutants such as dust, airborne microbes, aerosol particles, and chemical vapors, used in scientific research and manufacturing.

Primary Reinforcers

Stimuli that satisfy basic biological needs and are inherently rewarding.

Food

Substances consumed to provide nutritional support for an organism, typically consisting of essential nutrients.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's streams, lakes, and oceans, and the fluids of most living organisms.

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