Table 3-4 -Refer to Table 3-4

question 135

Multiple Choice

Table 3-4
$\begin{array}{|l|c|c|c|c|}\hline&\text { Labour hours needed to make one unit of: }&&\text { Amount Produced in } 40 \text { hours: }\\\hline & \text { Cheese } & \text { Bread } & \text { Cheese } & \text { Bread } \\\hline \text { England } & 3 & 2 & 13.3 & 20 \\\hline \text { Spain } & 1 & 5 & 40 & 8 \\\hline\end{array}$
-Refer to Table 3-4.If England reduced the labour hours needed for it to produce cheese by 2.5 hours, it would:

• A)have a comparative advantage over Spain in the production of cheese
• B)have an absolute advantage over Spain in the production of both goods
• C)have a comparative advantage over Spain in the production of both goods
• D)have an absolute advantage over Spain in the production of cheese but not in the production of bread

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Definitions:

Integrated Exchange Theory

A sociological theory that combines elements of exchange theory with systemic analyses of social interactions and networks.

Macroscopic Issues

Refers to large-scale or overarching problems and challenges that can be observed within societies or specific fields of study.

Network Analysis

A method for examining the structures and patterns of relationships or interactions between members within a network.

Social Interactions

The process through which individuals act and react to those around them, forming the basis of social relationships and structures.