Mac Can Bake More Cookies Than Monica Per Hour

question 239

Multiple Choice

Mac can bake more cookies than Monica per hour.It must be true that

• A) Monica has an absolute advantage in cookie baking.
• B) Mac has an absolute advantage in baking cookies.
• C) Mac has a comparative advantage in baking cookies.
• D) Monica has a comparative advantage in baking cookies.
• E) Mac cannot benefit by trade between the two of them.

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Definitions:

Develops

Undergoes growth or transformation, advancing from an initial to a more advanced or mature state.

Globalization

The approach used by corporations or organizations to extend their influence globally or initiate operations across international boundaries.

Resocialization

The process by which one's social values and norms are restructured, often in a new social environment.

Virtual Communities

Groups of individuals who interact through specific social media platforms or websites, often sharing common interests or goals.