Consider the Following Household

question 89

Multiple Choice

Consider the following household.In 5 hours,Bob can cook 5 meals or clean 6 rooms.In 5 hours,Mary can cook 30 meals or clean 10 rooms.Select the best statement.

• A)Bob has an absolute advantage in the production of both goods.
• B)Since Mary is better at producing both goods, she should produce both.
• C)Bob has a comparative advantage in cooking.
• D)Mary should specialize in cooking.
• E)none of the above

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Definitions:

Goals Of Psychology

The aims of psychology are to describe, explain, predict, and control behavior and mental processes.

Describe

The act of giving a detailed account or explanation of the characteristics, properties, or attributes of something.

Predict

The act of making an educated guess about the future based on current knowledge, data, or patterns.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.