There Are Two Goods, X and Y

question 9

Multiple Choice

There are two goods, X and Y. If the opportunity cost of producing good X is lower for Pam than for Gino, then

• A)Pam has an absolute advantage in the production of X.
• B)Gino has an absolute advantage in the production of Y.
• C)Pam has a comparative advantage in the production of X.
• D)Gino has a comparative advantage in the production of Y.
• E)C and D

---

Definitions:

Glazing Over

The act of losing interest or attention, often resulting in a lack of comprehension or engagement.

Systematic Comparison

The methodical analysis and evaluation of similarities and differences between items, concepts, or processes.

Job Requirements

The specific qualifications, skills, and experiences that an employer expects a candidate to possess for a particular position.

Qualifications

Qualifications are the education, skills, and experience that make an individual suitable for a particular job or task.