Table 3.2 -Consider Two Individuals,Rose and Sharon,who Produce Fish and Coconuts.Rose and Coconuts.Rose

question 71

Multiple Choice

Table 3.2
-Consider two individuals,Rose and Sharon,who produce fish and coconuts.Rose and Sharon's hourly productivity are shown in Table 3.2.Which of the following is true?

• A)Rose has both an absolute and comparative advantage in coconut production.
• B)Rose has both an absolute and comparative advantage in fish production.
• C)Rose has neither an absolute nor comparative advantage in coconut production.
• D)Rose has neither an absolute nor a comparative advantage in fish production.

---

Definitions:

Assignable Cause Variation

Variability in a process that can be traced to a specific reason or cause, often indicating issues that need correction.

Process Distribution

The distribution of outcomes or results from a specific process, indicating variability within the process.

Sample Means

The average value of a set of data sampled from a larger population.

Standard Deviation

A measure that quantifies the amount of dispersion or variation of a set of data values.