Using Graphs to Illustrate the Concepts, Absolute Advantage

question 187

Multiple Choice

Using graphs to illustrate the concepts, absolute advantage

• A)is shown with differences in slope of a production possibilities curve; comparative advantage is shown with a lower curve.
• B)requires a very steep curve; comparative advantage requires a curve with a shallow slope.
• C)on one good requires that the slope of the production possibilities curve be steeper for that good.
• D)is shown with a higher production possibilities curve; comparative advantage is shown with differences in slope of the curves.

---

Definitions:

Sanctions

Official penalties or restrictive measures imposed by countries or international bodies against entities, individuals, or countries to compel compliance with international laws or norms.

Society

A group of individuals living together in a more or less ordered community, sharing common traditions, institutions, and interests.

Daily Prison Interactions

Regular encounters and activities within a prison environment involving inmates, guards, and other prison staff.

Manipulated by Inmates

The act of prisoners influencing or controlling aspects of their environment, often against the rules or interests of the institution.