With a Given Amount of Labour and Other Resources, Producers

question 90

Multiple Choice

With a given amount of labour and other resources, producers in the nation of Alphania can produce either 100 widgets or 50 wackets. Thus, in Alphania two widgets must be given up to produce each wacket. Using the same amount of labour and resources, producers in Betania can produce 40 widgets or 40 wackets-so one widget must be given up for each wacket produced. Based on this information, which statement is true?

• A) Betania has an absolute advantage in producing both goods.
• B) Betania has a comparative advantage in producing wackets.
• C) Alphania has a comparative advantage in producing wackets, but Betania has an absolute advantage in producing wackets.
• D) Alphania has a comparative advantage in producing both goods.

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Definitions:

Separated

Refers to the process of moving or being moved apart or the act of dividing or disassociating items from one another.

Distillation

A process used to separate mixtures based on differences in their volatilities in a boiling liquid mixture.

Stereochemical Configuration

The spatial arrangement of atoms in a molecule, determining its geometric structure and influencing its chemical properties and reactivity.

D-Threonine

One enantiomer of the amino acid threonine, characterized by its specific spatial arrangement of atoms, which is important in biochemistry and molecular biology.