If Mary Has an Absolute Advantage Over Bill in Performing

question 83

Multiple Choice

If Mary has an absolute advantage over Bill in performing each of two tasks,then

• A) Mary must have a comparative advantage in both tasks
• B) Mary cannot benefit by specializing in one and trading with Bill for the other
• C) Mary should specialize in both tasks
• D) Mary cannot have a comparative advantage in either task
• E) Mary should specialize in the one in which she has a comparative advantage

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Definitions:

Cannon-Bard Theory

The Cannon-Bard theory of emotion posits that emotional feelings and physiological responses to stimuli occur simultaneously and independently within the body.

James-Lange Theory

A theory of emotion that suggests that physiological arousal precedes the experience of emotion, implying that emotions result from bodily reactions.

Autonomic Arousal

The activation of the autonomic nervous system, which can trigger physiological changes such as increased heart rate or sweating, often in response to stress or excitement.

Conscious Experience

The total sum of thoughts, feelings, and awareness an individual has at any given moment, accessible to introspection.