-The Above Table Shows the Number of Pencils or Pens

question 160

Multiple Choice

$$\begin{array} { | l | c | c | } \hline & \begin{array} { l } \text { Don's production } \\\text { possibilities }\end{array} & \begin{array} { l } \text { Bob's production } \\\text { possibilities }\end{array} \\\hline \text { Pens } & 10 & 5 \\\hline \text { Pencils } & 20 & 15 \\\hline\end{array}$$
-The above table shows the number of pencils or pens that could be produced by Don and Bob in an hour. This schedule shows that

• A) Bob has a comparative advantage in the production of pencils.
• B) Don has a comparative advantage in the production of both pencils and pens.
• C) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens.
• D) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens.

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Definitions:

Psychological Phenomena

Events, processes, or behaviors that stem from the mind and emotions, encompassing a wide range of human activities and experiences.

Genotype

The genetic makeup of an organism, consisting of the DNA sequences that code for the organism's traits.

Phenotype

The set of observable characteristics or traits of an organism resulting from the interaction of its genotype with the environment.

Underlying

Constituting the fundamental or basic layer or aspect of something, often not immediately visible or apparent.