Both Mergatroid and the Geebocks Produce Only Gizmos and Widgets

question 194

Multiple Choice

Both Mergatroid and the Geebocks produce only gizmos and widgets. It is possible for Mergatroid to have

• A) an absolute and a comparative advantage in both products.
• B) an absolute but not a comparative advantage in both products.
• C) a comparative but not an absolute advantage in both products.
• D) neither a comparative nor an absolute advantage in both products.

---

Definitions:

Empathy

The ability to understand and share the feelings of another individual from their perspective.

Altruistic Helping

Altruistic helping is a form of selfless assistance provided to others without the expectation of reward or benefit to oneself, driven by a genuine desire to improve others' well-being.

Zero-sum Helping

A situation where the act of helping someone results in a direct disadvantage or cost to someone else, making the net change in welfare zero.

Egoistic Helping

Helping behavior motivated by the desire to improve one's own welfare rather than that of others.