If Elaine Can Produce More Output from a Set Amount

question 66

Multiple Choice

If Elaine can produce more output from a set amount of resources than Jerry can,you know that:

• A) Elaine has a comparative advantage.
• B) Jerry has a comparative advantage.
• C) Elaine has an absolute advantage.
• D) Jerry has an absolute advantage.
• E) Elaine has a normative advantage.

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Definitions:

School Phobia

Unrealistic fear of going to school; may be a form of separation anxiety disorder or social phobia.

Fearful

Characterized by fear; feeling dread or apprehension about a possible event or situation.

Behavior Therapy

A type of psychotherapy that focuses on changing specific behaviors and uses various techniques to stop undesirable habits or behaviors.

Learning Theory

A framework that describes how individuals acquire, retain, and recall knowledge and skills.