Table 3.2 -Consider Two Individuals, Jesse and April, Who Hand Paint Kites

question 109

Multiple Choice

Table 3.2

-Consider two individuals, Jesse and April, who hand paint kites and snowboards. Table 3.2 shows how much of each good Jesse and April can paint in one hour. Which of the following is true?

• A) April has a comparative advantage in painting kites but not snowboards.
• B) April has a comparative advantage in painting snowboards but not kites.
• C) April has a comparative advantage in painting both goods.
• D) April does not have a comparative advantage in painting either good.

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Definitions:

Farm Incomes

The earnings obtained from the practice of agriculture, including the sale of crops, livestock, and other farm-related products.

U.S. Farm Products

Goods produced by the agricultural sector in the United States, including crops, livestock, and dairy products.

Demand

The level of demand for a good or service based on consumers' readiness and financial ability to acquire it, at various price points, within a designated period.