Table 2-10 Table 2-10 Shows the Output Per Month of Month

question 161

Multiple Choice

Table 2-10
Table 2-10 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-10. Which of the following statements is true?

• A) Fred has a comparative advantage in making both products.
• B) Barney has a comparative advantage in making both products.
• C) Barney has a comparative advantage in making pogo sticks and Fred in making unicycles.
• D) Barney has a comparative advantage in making unicycles and Fred in making pogo sticks.

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Definitions:

Committed Relationship

A long-term relationship where individuals are emotionally and often legally bound to each other, characterized by trust, loyalty, and mutual respect.

Gender Typing

The process by which a child becomes aware of their gender and thus behaves according to their society's expectations of that gender.

Social Learning Theory

A theory that suggests people learn from observing others, through modeling, imitation, and social reinforcement.

Rewards

Positive outcomes or reinforcements that follow certain actions or behaviors, motivating individuals to repeat those actions.