Tom Takes 20 Minutes to Cook an Egg and 5

question 74

Multiple Choice

Tom takes 20 minutes to cook an egg and 5 minutes to make a sandwich. Jerry takes 15 minutes to cook an egg and 3 minutes to make a sandwich. Both individuals gain if

• A)Jerry produces eggs and trades them to Tom for sandwiches.
• B)Jerry produces sandwiches and trades them to Tom for eggs.
• C)they trade with each other regardless of who produces sandwiches and who produces eggs.
• D)the opportunity cost of producing an egg is greater than the opportunity cost of producing a sandwich.
• E)the opportunity cost of producing a sandwich is greater than the opportunity cost of producing an egg.

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Definitions:

Neural Communications

The process by which neurons transmit signals through synapses to communicate with other neurons, muscles, or glands.

Anterior Pituitary

The front portion of the pituitary gland, which releases hormones controlling a variety of physiological processes including growth, reproduction, and metabolism.

Posterior Pituitary

The posterior pituitary is the rear part of the pituitary gland and releases important hormones like oxytocin and vasopressin directly into the bloodstream.

Pineal Gland

A tiny gland in the brain responsible for making melatonin, a hormone that controls sleeping cycles.