Table 2-18 Table 2-18 Shows the Output Per Week of Week

question 17

Multiple Choice

Table 2-18
Table 2-18 shows the output per week of two people, Minnie and Mickey. They can either devote their time to making hats or making umbrellas.
-Refer to Table 2-18. Which of the following statements is true?

• A) Minnie has a comparative advantage in making both products.
• B) Mickey has a comparative advantage in making both products.
• C) Minnie has a comparative advantage in making hats and Mickey in making umbrellas.
• D) Mickey has a comparative advantage in making hats and Minnie in making umbrellas.

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Definitions:

Synthesis

Gathering together different ideas into a single, unified vision. For example, the Pythagorean notion of the “harmony of the spheres” synthesizes mathematics, music, physics, and astronomy.

Creative People

Individuals who possess the ability to produce original and valuable ideas or objects.

Moral Rules

Principles or guidelines that govern ethical behavior, indicating what actions are right or wrong, permissible or impermissible, based on a moral or ethical framework.

Social Prohibitions

Rules or norms established by a society that restrict certain behaviors or actions deemed unacceptable or harmful.