Table 2-10 Table 2-10 Shows the Output Per Day of Two Pet

question 253

Multiple Choice

Table 2-10

Table 2-10 shows the output per day of two pet groomers, Tammi and Horace. They can either devote their time to grooming dogs or bathing cats.
-Refer to Table 2-10.Which of the following statements is true?

• A)Horace has an absolute advantage in both tasks.
• B)Tammi has an absolute advantage in both tasks.
• C)Horace has an absolute advantage in dog grooming and Tammi in cat bathing.
• D)Horace has an absolute advantage in cat bathing and Tammi in dog grooming.

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Definitions:

Employee-Owned Corporation

A business structure where employees hold a significant portion of the company's shares, contributing to decision-making processes.

Multi-National

Corporations or companies that operate in multiple countries outside of their headquarters or origin country.

Stockholders

Individuals or entities that own shares in a corporation, thus having an interest in its performance and profits.

Employee-Owned Corporations

Businesses where the majority of the stock is owned by the employees, often leading to high levels of staff engagement and motivation.