In Colombia, It Takes Three Workers to Produce Two Pounds

question 120

Multiple Choice

In Colombia, it takes three workers to produce two pounds of coffee. In Mexico, it takes four workers to produce one pound of coffee. Therefore:

• A) Colombia has a comparative advantage in the production of coffee.
• B) Mexico has a comparative advantage in the production of coffee.
• C) in Colombia, the opportunity cost of producing one pound of coffee is two-thirds.
• D) Colombia has an absolute advantage in the production of coffee.

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Definitions:

Obedience

The act of following orders or instructions, especially from an authority figure, without question.

Social Loafing

The phenomenon in which each individual contributes a little less as more individuals are added to a task; a source of inefficiency when working in teams.

Recognize Individual

The act of acknowledging and respecting the uniqueness and identity of an individual person.

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