A Person Who Has an Absolute Advantage in the Production

question 91

Multiple Choice

A person who has an absolute advantage in the production of all goods will

• A)have a production possibilities frontier with a constant slope.
• B)have a comparative advantage in the production of some goods but not in the production of others.
• C)also have a comparative advantage in the production of all goods.
• D)not be able to gain from specialisation and exchange.

---

Definitions:

Sales Presentation

A formal communication or demonstration designed to introduce and sell a product or service to potential customers.

Motor

A device that converts electrical energy into mechanical energy, used to power a wide range of devices from electric vehicles to household appliances.

Self-Styled Expert

A person who designates themselves as an authority in a particular field without formal recognition or validation from peers or professional entities.

Bad Mood

A temporary emotional state characterized by feelings of sadness, irritability, or negativity.