Suppose Jack and Tucker Can Both Produce Two Goods: Toy

question 121

Multiple Choice

Suppose Jack and Tucker can both produce two goods: toy cars and dinosaur figures. Which of the following is not possible?

• A)Jim has an absolute advantage in the production of toy cars and in the production of dinosaur figures.
• B)Jim has an absolute advantage in the production of toy cars and a comparative advantage in the production of dinosaur figures.
• C)Jim has an absolute advantage in the production of dinosaur figures and a comparative advantage in the production of toy cars.
• D)Jim has a comparative advantage in the production of toy cars and in the production of dinosaur figures.

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Definitions:

Sunlight

The natural light emitted by the sun, providing the energy necessary for photosynthesis in plants and influencing various biological processes in living organisms.

Food Web

In ecosystems, a complex pattern of interlocking and crisscrossing food chains.

Trophic Level

A position in a food chain or ecological pyramid occupied by a group of organisms with similar feeding mode.

Ecosystem

A community made up of living entities and their surrounding physical conditions, interacting together in a biological setting.