If Eddie Can Produce 40 Milk Shakes or 20 Banana

question 79

True/False

If Eddie can produce 40 milk shakes or 20 banana splits in an hour, and Tina can produce 30 milk shakes or 16 banana splits in an hour, then Tina has a comparative advantage in producing banana splits.

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Definitions:

Profit À Prendre

is a legal term denoting the right to take something from another's land, such as natural resources, for use or sale.

Dominant Property

The property that benefits from an easement, which is a right to cross or otherwise use someone else's land for a specified purpose.

Trade Fixtures

Items of personal property brought upon the land by a tenant that are necessary to carry on the trade or business to which the premises will be devoted. Contrary to the general rule, trade fixtures remain the personal property of the tenant and are removable at the expiration of the terms of occupancy.

Quitclaim Deed

A deed that transfers to the buyer only the interest that the seller may have in a property and that contains no warranties.