Use the Information Below to Answer the Following Questions

question 44

Multiple Choice

Use the information below to answer the following questions.
Fact 2.4.2
Agnes can produce either 1 unit of X or 1 unit of Y in an hour, while Brenda can produce either 2 units of X or 4 units of Y in an hour.
-Refer to Fact 2.4.2. Which one of the following statements is true?

• A)Brenda has an absolute advantage over Agnes in the production of both goods.
• B)Agnes has a comparative advantage in the production of Y.
• C)Brenda has a comparative advantage in the production of X.
• D)Brenda will not gain from trade.
• E)Agnes will not gain from trade.

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Definitions:

External Processes

Mechanisms or activities that are influenced by or occur outside of an individual or organization.

Interactions

The dynamic exchanges between individuals or entities that can influence thoughts, feelings, and behaviors in social, professional, or environmental settings.

Clients

Individuals or entities that receive professional services or products from a business or professional.

Functional Work Teams

Groups of employees brought together from different departments to perform specific tasks or projects within an organization.