Table 9-11 Output Per Hour Production and Production

question 106

Multiple Choice

Table 9-11
Output per hour Production and Production
of work Consumption without Trade with Trade
Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 9-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-11. Which country has an absolute advantage in producing hats?

• A) Denmark
• B) Belize
• C) both countries
• D) neither country

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Definitions:

Circadian Rhythms

The natural, internal processes that regulate the sleep-wake cycle and repeat roughly every 24 hours.

Pineal Gland

The pineal gland is a small endocrine gland in the brain that produces melatonin, a hormone that regulates sleep-wake cycles.

Melatonin

Melatonin is a hormone produced by the pineal gland that regulates sleep-wake cycles and is often used as a supplement to treat sleep disorders.

Hypothalamus

A small region of the brain that plays a crucial role in many important functions, including releasing hormones, regulating body temperature, and controlling hunger and thirst.