Table 3-1 -Refer to Table 3-1.The Rancher Has an Absolute Advantage in an Absolute

question 47

Multiple Choice

Table 3-1

-Refer to Table 3-1.The rancher has an absolute advantage in

• A)both goods, and the farmer has a comparative advantage in meat.
• B)both goods, and the farmer has a comparative advantage in potatoes.
• C)meat, and the farmer has a comparative advantage in potatoes.
• D)meat, and the farmer has a comparative advantage in neither good.

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Definitions:

Percent

A way of expressing a number as a fraction of 100, symbolized by the percent sign "%."

Amphetamine Use

The ingestion of amphetamines, a type of stimulant drug, that affects the central nervous system and is used medically for certain conditions but often misused.

Bodily Function

The operations and activities performed by organs and systems of the body to maintain life and health.

Improved Memory

The enhancement or development of one's ability to store and recall information.