Figure 2-12 -Suppose Bob and Tom Are Writing Jokes for a Their

question 133

Multiple Choice

Figure 2-12
$$\begin{array} { | c | c | c | } \hline & \text { Bob } & \text { Tam } \\\hline \text { Political Jokes per day } & 10 & 11 \\\hline \text { Celebrity Jakes per day } & 2 & 12 \\\hline\end{array}$$
-Suppose Bob and Tom are writing jokes for a their new TV show.Suppose there are two types of jokes,political jokes and jokes about celebrities.The number of jokes that can be produced by each person in each category are listed in Figure 2-12.From this table you can tell that

• A) Bob has an absolute advantage in both political and celebrity jokes
• B) Tom has an absolute advantage in both political and celebrity jokes
• C) Bob has an comparative advantage in both political and celebrity jokes
• D) Tom has an comparative advantage in both political and celebrity jokes
• E) there are no gains from specialization

---

Definitions:

Holland's

Pertains to John Holland's theory of career choice, suggesting people's job satisfaction and career success are highest when their work environments match their personality types.

Work Environments

Refers to the setting, conditions, and culture in which an individual performs their job.

Expected Outcomes

Anticipated results or consequences of an action or decision, often based on previous experiences or statistical forecasts.

Social Cognitive Theory

A framework for understanding, predicting, and changing human behavior that emphasizes the interplay between personal factors, behaviors, and environmental influences.