Table 2-13 Table 2-13 Shows the Output Per Day of Day

question 238

Multiple Choice

Table 2-13
Table 2-13 shows the output per day of two pet groomers, Tammi and Horace. They can either devote their time to grooming dogs or bathing cats.
-For each surfboard that Australia produces, it gives up the opportunity to make 25 boomerangs. New Zealand can produce 1 surfboard for every 15 boomerangs it produces. Which of the following is true about the comparative advantage between the two countries?

• A) Australia has the comparative advantage in surfboards.
• B) Australia has the comparative advantage in boomerangs.
• C) New Zealand has the comparative advantage in surfboards and boomerangs.
• D) New Zealand has the comparative advantage in boomerangs.

---

Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the individual data points differ from the mean of the data.

Normally Distributed

Describes a symmetrical bell-shaped distribution of data points, where most of the data points cluster around a central peak and the probabilities for values farther from the mean taper off symmetrically in both directions.

Football Players

Individuals who participate in the sport of football, which involves competing to score goals against an opposing team.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much individual values differ from the mean.