If Wendy Can Produce More of All Goods Than Tommy

question 253

Multiple Choice

If Wendy can produce more of all goods than Tommy, then

• A) Wendy has an absolute advantage in all goods.
• B) Wendy does not need to trade with Tommy in order to achieve the gains from trade.
• C) Wendy has a comparative advantage in all goods.
• D) Tommy has an absolute advantage in all goods.
• E) Only Tommy but not Wendy can benefit from trade between the two of them.

---

Definitions:

Narrative Charting

A method in medical documentation where healthcare professionals detail a patient's care, condition, and progress in a story-like format.

Healthcare Provider

A professional who delivers care and services to individuals, including diagnosis, treatment, and prevention of illness and injury.

Free Form Documentation

A method of charting in healthcare that allows for unstructured, narrative entries about a patient's status and care.

Electronic Health Records (EHRs)

Digital versions of patients' paper charts, which store medical history, diagnoses, medications, treatment plans, immunization dates, and test results.