Table 14-3 Karl Can Produce Either 10 Tonnes of Oranges or 5

question 36

Multiple Choice

Table 14-3
Karl can produce either 10 tonnes of oranges or 5 tonnes of apples in a year, while Adam can produce either 5 tonnes of oranges or 10 tonnes of apples.
-Refer to Table 14-3.Which of the following statements about trade is the most accurate?

• A)Karl has an absolute advantage and a comparative advantage in apples.
• B)Karl has an absolute advantage in oranges and a comparative advantage in oranges.
• C)Karl has an absolute advantage in both apples and oranges.
• D)Adam has an absolute advantage in oranges and a comparative advantage in apples.

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Definitions:

Felony Cases

Legal proceedings involving crimes that are considered more severe and carry heavier penalties than misdemeanors, such as murder, rape, and burglary.

Fifth Amendment

A part of the Bill of Rights that protects individuals from being compelled to be witnesses against themselves in criminal cases, guarantees due process of law, and provides protection against double jeopardy and eminent domain.

Fourteenth Amendment

An amendment to the U.S. Constitution granting citizenship to all persons born or naturalized in the United States and ensuring all citizens equal protection under the laws.

Grand Juries

A group of citizens convened to decide whether there is sufficient evidence to indict a suspect and proceed to trial.