In One Hour,Sue Can Produce 50 Caps or 10 Jackets

question 71

Multiple Choice

In one hour,Sue can produce 50 caps or 10 jackets and Tessa can produce 70 caps or 7 jackets.Sue's opportunity cost of producing a cap is ________ jackets and Tessa's opportunity cost of producing a cap is ________ jackets.
________ has a comparative advantage in producing caps.
If Sue and Tessa each specialize in producing the good in which they have a comparative advantage and trade 1 jacket for 7 caps,________.

• A)0.2;0.10;Sue;Tessa gains but Sue loses
• B)5.0;10.0;Tessa;Sue loses but Tessa gains
• C)5.0;10.0;Sue;both Sue and Tessa gain
• D)0.2;0.10;Tessa;both Sue and Tessa gain
• E)0.2;0.10;Sue;both Sue and Tessa gain

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Definitions:

4-Phenylbut-1-Ene

An organic compound that consists of a four-carbon chain attached to a phenyl group, containing a double bond at the first position.

IUPAC Name

The systematic naming of chemical compounds as recommended by the International Union of Pure and Applied Chemistry, for consistency and clarity in chemical communications.

Alkene

Hydrocarbons that are not fully saturated, characterized by having one double bond between carbon atoms, and follow the formula CnH2n.

Geometric Isomerism

Form of stereoisomerism in which molecules with the same structural formula but different spatial orientations of substituents around a double bond or ring structure are described.