Bill and Jen Are the Only Two People in an Economy.Each

question 5

Multiple Choice

Bill and Jen are the only two people in an economy.Each has 10 hours in which they can make either croissants, juice or some combination of both products.In takes Bill one hour to make one croissant and one hour to make a litre of juice.It takes Jen 20 minutes to make a croissant and 40 minutes to make a litre of juice.If the parties trade, which statement is true?

• A)Bill will specialize in juice production and Jen will specialize in juice; the price of a croissant will be between 1 and 2 litres of juice.
• B)Bill will specialize in croissant production and Jen will specialize in making juice; the price of a croissant will be between ½ and 1 litre of juice.
• C)Bill will specialize in juice production and Jen will specialize making croissants; the price of a croissant will be between ½ and 1 litre of juice.
• D)Bill will specialize in juice production and Jen will specialize in juice; the price of a croissant will be 1 litre of juice.
• E)None of the above.

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Definitions:

Auscultate

The act of listening to the internal sounds of the body, typically using a stethoscope, as part of a medical examination.

Stethoscope Endpiece

The part of a stethoscope that is placed against the patient's skin to listen to internal body sounds, such as heartbeats and breathing.

Bell Side

The larger, concave side of a stethoscope used for listening to lower-pitched sounds in the body such as heart murmurs.

Percussing Over Liver

The act of tapping on the skin overlying the liver to assess its size and density, part of a physical examination to detect liver abnormalities.