Use the Information Below to Answer the Following Questions

question 150

Multiple Choice

Use the information below to answer the following questions.
Fact 2.4.2
Agnes can produce either 1 unit of X or 1 unit of Y in an hour, while Brenda can produce either 2 units of X or 4 units of Y in an hour.
-Complete the following sentence. Given Fact 2.4.2,

• A)there will be gains from trade, no matter what Brenda and Agnes specialize in, as long as they specialize.
• B)there will be gains from trade only if Agnes specializes in the production of Y and Brenda in X.
• C)there will be gains from trade only if Agnes becomes faster at producing X.
• D)there will be no gains from trade because Agnes has an absolute advantage.
• E)there will be gains from trade if Agnes specializes in the production of X and Brenda in Y.

---

Definitions:

Phone Interview

A job interview or research interview conducted over the phone, often used as a preliminary screening method.

General Interview Questions

Pertains to broad, non-specific questions typically asked in interviews to understand the candidate's background, abilities, and personality.

Stock Queries

Requests for information or data regarding the performance or details of publicly traded companies' shares.

Interviews

A formal conversation between two parties where questions are asked by the interviewer(s) to obtain information from the interviewee(s).