Suppose That Lo and Manuel Can Either Run Errands or Wash

question 110

Multiple Choice

Suppose that Lo and Manuel can either run errands or wash dishes.Their maximum outputs per hour are listed in the following table.Given the same quantity of resources,at what terms of trade (relative price ratio) could they specialize and trade so that both consume outside their own production possibilities frontiers (PPFs) ?

• A) 1 errand run per 75 dishes washed
• B) 1 errand run per 30 dishes washed
• C) 1 errand run per 12 dishes washed
• D) 1 errand run per 10 dishes washed
• E) 1 errand run per 6 dishes washed

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Definitions:

Caregivers

Individuals who provide care and support to those who are unable to take care of themselves due to illness, disability, or age.

Social Independence

The ability to function autonomously in social settings, making decisions and asserting oneself without undue influence from others.

Aggression Recognition

The ability to identify and understand aggressive behaviors in others, which is important in social interactions and conflict resolution.

Altruism

The selfless concern for the well-being of others, often manifested through actions that are beneficial or intended to help others without expecting anything in return.