(Table) Looking at the Data for Tom and Joe, What

question 69

Multiple Choice

(Table) Looking at the data for Tom and Joe, what specialization pattern will exist if trade is based on comparative advantage? $$\begin{array} { | l | l | l | } \hline & \begin{array} { l } \text { Hours to Produce a } \\\text { Shirt }\end{array} & \begin{array} { l } \text { Hours to Produce } \\\text { a Cake }\end{array} \\\hline \text { Tom } & 5 & 3 \\\hline \text { Joe } & 6 & 4 \\\hline\end{array}$$

• A) Tom will specialize in shirts and Joe will specialize in cakes.
• B) Tom will specialize in cakes and Joe will specialize in shirts.
• C) Tom will specialize in both cakes and shirts.
• D) Joe will specialize in both cakes and shirts.

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Definitions:

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A psychological concept referring to an obsessive focus or attachment to someone or something, often stemming from unresolved developmental issues.

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A new or different way of looking at a situation, problem, or subject, often leading to insights or solutions that were not previously considered.

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