Roommates Sarah and Zoe Are Hosting a Halloween Party and Have

question 281

Multiple Choice

Roommates Sarah and Zoe are hosting a Halloween party and have to make food for their guests and costumes for themselves.To finish both tasks as quickly as possible,Sarah and Zoe know that each of them should focus on just one task,but they don't know who should do what.Sarah and Zoe should determine which roommate:

• A)has the absolute advantage in cooking.
• B)has the comparative advantage in cooking.
• C)can cook the most in a given amount of time.
• D)can complete the cooking in the least amount of time.

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Definitions:

Stock Dividend

A dividend payment made in additional shares of a company's stock instead of cash.

Cash Dividend

A distribution of earnings made by a company to its stockholders, often in the form of profits.

Stock Split

A corporate action that increases the number of shares by dividing each share, which typically reduces the price per share.

Retained Earnings

The portion of a company's profits that are kept or retained and not paid out as dividends to shareholders, often used for reinvestment in the business.