Use the Following to Answer Questions: Table: Production Possibilities for the United

question 72

Multiple Choice

Use the following to answer questions: Table: Production Possibilities for the United States and Mexico $$\begin{array} { l c c } \hline & \text { Corn (millions of tons) } & \text { Potatoes (millions of tons) } \\\hline \text { United States } & 50 & 10 \\\text { Mexico } & 40 & 5 \\\hline\end{array}$$
-(Table: Production Possibilities for the United States and Mexico) According to the table on production possibilities for the United States and Mexico, Mexico has an absolute advantage in ________ and a comparative advantage in _________.

• A) neither good; corn
• B) corn; potatoes
• C) potatoes; corn
• D) neither good; potatoes

Analyze the impact of heuristic thinking on judgments and decision making.

Explore the misapplications and potential errors in judgment arising from specific heuristics.

Compare and contrast System-1 and System-2 thinking in the context of human decision making.

Discuss the implications of heuristic misapplications in real-life scenarios.

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Definitions:

Trochlear Notch

A depression on the proximal end of the ulna that articulates with the trochlea of the humerus, aiding in elbow joint movement.

Greater Tubercle

A large, bony prominence on the lateral portion of the humerus (upper arm bone), to which several shoulder muscles attach.

Olecranon

The bony prominence of the elbow, found at the upper end of the ulna, where it forms part of the elbow joint.

Appendicular Skeleton

The portion of the skeleton that includes the bones of the upper and lower limbs, and the girdles (shoulder and pelvic) that connect them to the axial skeleton.