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:

Sociologist

A social scientist who studies the development, structure, and functioning of human society.

Particular Method

A specific way or technique applied to accomplish a certain task or to tackle a certain problem.

Overcoming Weaknesses

This process involves identifying personal or organizational limitations and actively working to improve or mitigate these areas to achieve better outcomes or enhance performance.

Several Methods

indicates a variety of techniques or procedures employed to achieve a specific goal or solve a problem.