Table 19-5 Madison and Austin Own Cafe Ole

question 254

Multiple Choice

Table 19-5
$\begin{array}{|l|l|l|}\hline & \text { Empanadas } & \text { Tacos } \\\hline \text { Madison } & 30 & 50 \\\hline \text { Austin } & 24 & 32 \\\hline\end{array}$ Madison and Austin own Cafe Ole'. Table 19-5 lists the number of empanadas and tacos Madison and Austin can each make in one hour.
-Refer to Table 19-5.Select the statement that accurately interprets the data in the table.

• A) Madison has a comparative advantage in making empanadas.
• B) Austin has an absolute advantage in making tacos.
• C) Austin has a comparative advantage in making empanadas.
• D) Austin has a comparative advantage in making empanadas and making tacos.

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Definitions:

Ethical Issues

Circumstances or problems faced by individuals or organizations that involve making a choice between actions that are judged to be morally right or wrong.

Legal Standards

Policies or principles established by legislation or court decisions, which dictate the minimum acceptable level of conduct in society.

Negotiated Level

A mutually agreed upon standard or condition that is arrived at after discussion between parties involved.