Table 3-9 Barb and Jim Run a Business That Sets Up and Up

question 8

Multiple Choice

Table 3-9
Barb and Jim run a business that sets up and tests computers. Assume that Barb and Jim can switch between setting up and testing computers at a constant rate. The following table applies.

-Refer to Table 3-9.Barb has an absolute advantage in

• A) both setting up and testing computers and a comparative advantage in setting up computers.
• B) both setting up and testing computers and a comparative advantage in testing computers.
• C) neither setting up nor testing computers and a comparative advantage in setting up computers.
• D) neither setting up nor testing computers and a comparative advantage in testing computers.

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Definitions:

Bonanza Farms

Large farms that covered thousands of acres and employed hundreds of wage laborers in the West in the late nineteenth century.

Thousands Of Acres

A measure of land area, often used to describe the vast size of agricultural, forested, or undeveloped land.

The Significance

Generally refers to the importance or meaning of something within a specific context or field.