Mary Takes 4 Minutes to Make a Sandwich and 6

question 225

Essay

Mary takes 4 minutes to make a sandwich and 6 minutes to mix a cocktail. Her sister Ash takes 4 minutes to make a sandwich and 4 minutes to mix a cocktail. Calculate each sister's opportunity cost. Which of the two sisters has an absolute advantage in making sandwiches? In mixing cocktails? Which of the two has a comparative advantage in making sandwiches? In mixing cocktails?

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Definitions:

Hereditary Traits

Characteristics or attributes that are passed from one generation to the next through genetic information.

Polyphenisms

The occurrence of two or more distinct phenotypes within a single species, depending on environmental conditions, without genetic differences.

Environmental Differences

The variations in biological, chemical, and physical conditions between different habitats or geographical areas.

Social Phenotypes

Observable characteristics of an organism resulting from the interaction between its genetic makeup and social behaviors.