Use the Following Scenario to Answer the Following Questions

question 83

Multiple Choice

Use the following scenario to answer the following questions:
Rosa and Dirk produce basketballs and footballs.Rosa can produce six basketballs per hour or two footballs per hour.Dirk can produce three basketballs per hour or four footballs per hour.
-Based on the scenario,which of the following is true?

• A) Dirk has an absolute advantage in producing basketballs,but not footballs.
• B) Dirk has an absolute advantage in producing footballs,but not basketballs.
• C) Dirk has an absolute advantage in producing both goods.
• D) Dirk has an absolute advantage in producing neither good.
• E) Rosa has a comparative advantage in producing both goods.

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Definitions:

360-Degree Feedback

A system or process in which employees receive confidential, anonymous feedback from the people who work around them.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to conditions that are optimal for survival.

Flow Experience

A psychological state of deep immersion and involvement in an activity, where time seems to pass unnoticed, and one's skills are used to their fullest.

360-Degree Feedback

A performance appraisal system where an employee receives confidential, anonymous feedback from those who work around them, including peers, superiors, and sometimes clients.