Suppose That Sheldon and Leonard Can Either Run Errands or Wash

question 126

Multiple Choice

Suppose that Sheldon and Leonard can either run errands or wash dishes.Their maximum output per hour is listed in the following table.Given the same quantity of resources,at what terms of trade (relative price ratio) could they specialize and trade so that both consume outside their own production possibilities frontiers (PPFs) ?

• A) 1 errand run per 75 dishes washed
• B) 1 errand run per 30 dishes washed
• C) 1 errand run per 12 dishes washed
• D) 1 errand run per 10 dishes washed
• E) 1 errand run per 6 dishes washed

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Definitions:

Brightly Lit

Having abundant light or illumination, often enhancing visibility or creating a specific atmosphere.

Dark Room

A dimly lit or unlit room, often used for processing photographic materials, where light-sensitive materials are not exposed to light.

Rods and Cones

Photoreceptor cells in the retina of the eye responsible for vision. Rods are sensitive to low light levels, while cones support color vision and detail in well-lit conditions.

Retina

A layer of cells at the back of the eye that senses light and sends visual signals to the brain for processing.