Which of the Following Is Not Correct

question 131

Multiple Choice

Which of the following is not correct?

• A)The producer who requires a smaller quantity of inputs to produce a good is said to have an absolute advantage in producing that good.
• B)The producer who gives up less of other goods to produce Good X has the smaller opportunity cost of producing Good X.
• C)The producer who has the smaller opportunity cost of producing a good is said to have a comparative advantage in producing that good.
• D)The gains from specialization and trade are based not on comparative advantage but on absolute advantage.

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Definitions:

Psychosexual Development

A Freudian theory that proposes children pass through a series of stages centered on erogenous zones that affect their adult personality.

Anal Stage

A phase in Freud's psychosexual development theory, occurring between 18 months and three years of age, where pleasure centers on bowel and bladder elimination.

Psychosexual Development

Sigmund Freud's theory describing how personality develops through stages focused on sexual pleasure from different body areas.

Fixated

In psychology, an obsessive focus or attachment to an idea, person, or object, often at the expense of more useful or adaptive behaviors.