Table 19-3 Bryce and Tina Are Artisans Who Produce Homemade Candles and

question 120

Multiple Choice

Table 19-3
$\begin{array}{|l|l|l|}\hline & \text { Candles } & \text { Soap } \\\hline \text { Bryce } & 150 & 450 \\\hline \text { Tina } & 200 & 450\\\hline\end{array}$ Bryce and Tina are artisans who produce homemade candles and soap. Table 19-3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month.
-Refer to Table 19-3.Select the statement that accurately interprets the data in the table.

• A) Tina has a comparative advantage in making candles.
• B) Bryce has an absolute advantage in making soap.
• C) Bryce has a comparative advantage in making candles.
• D) Bryce has a comparative advantage in making candles and making soap.

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Definitions:

Contract

A contract is a legally enforceable agreement between two or more parties that is bound by mutual consent and consideration.

Assignments

The process of transferring rights or duties from one party to another, often used in contracts, leases, or in the context of educational tasks.

Obligor

An individual or entity legally bound to provide a benefit or payment to another in accordance with a contract or legal agreement.

Materially Increase

Refers to a significant rise in the size, amount, or extent of something, often in a contractual or financial context.