Suppose Spain Is Currently Producing 90 Units of Wine and 10

question 122

Multiple Choice

Suppose Spain is currently producing 90 units of wine and 10 units of cheese,but to produce 10 more units of cheese it must sacrifice 30 units of wine.Further,suppose that Portugal produces 45 units of wine and 45 units of cheese,but to produce 10 more units of cheese it must sacrifice only 10 units of wine.It can be concluded that

• A)Portugal has an absolute advantage in both wine and cheese production.
• B)Portugal has an absolute advantage in wine production and Spain has an absolute advantage in cheese production.
• C)Spain has an absolute advantage in both wine and cheese production.
• D)Spain has a comparative advantage in the production of wine and Portugal has a comparative advantage in the production of cheese.
• E)more information is needed to conclude anything about comparative advantage in either country.

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Definitions:

Human Sexual Response

A series of physiological and psychological changes that occur in the body as a result of sexual stimulation.

Alfred Kinsey

An American biologist and sexologist who is known for his research on human sexual behavior, notably through the publication of the Kinsey Reports.

William Masters

A pioneering researcher in the field of human sexuality, best known for his work with Virginia Johnson and their development of the sexual response cycle.

Refractory Period

A period immediately following stimulation during which a nerve or muscle is unresponsive to further stimulation.