What Is the Maximum Number of Each Item That Can

question 34

Multiple Choice

What is the maximum number of each item that can be produced if each worker fully specializes and produces according to his comparative advantage?

• A) 4 computers and 12 smartphones
• B) 5 computers and 14 smartphones
• C) 6 computers and 16 smartphones
• D) 8 computers and 22 smartphones
• E) 10 computers and 28 smartphones

---

Definitions:

Oligarchical Regime

is a form of government in which power rests with a small number of people distinguished by royalty, wealth, family ties, education, corporate, or military control.

Republic

A form of government in which power resides in elected individuals representing the citizen body and government leaders exercise power according to the rule of law.

Elite Theory

A theory in political science and sociology which posits that a small minority, consisting of members of the economic elite and policy-planning networks, holds the most power—and that this power is independent of a state's democratic elections process.

Self-Interests

The focus on one's own advantages or well-being without necessarily considering those of others.