Fab Tools Inc

question 2

Multiple Choice

Fab Tools Inc.can produce 150 widgets and 100 axes in a month.Another company AllMyTools Inc.can produce 80 widgets and 50 axes per month.Which of the following statements is true?

• A)Fab Tools has an absolute advantage in production of both goods.
• B)AllMyTools has an absolute advantage in production of both goods.
• C)AllMyTools has a comparative advantage in production of axes.
• D)Fab Tools has a comparative advantage in production of widgets only.

---

Definitions:

Temporal Lobe

The region of the brain located beneath the lateral fissure on both cerebral hemispheres, associated with processing auditory information and encoding memory.

Temporal Lobe

A region of the cerebral cortex located at the sides of the brain, responsible for processing auditory information and involved in memory, emotion, and language.

Parietal Lobe

A region of the cerebral cortex involved in processing sensory information regarding the location of parts of the body as well as interpreting visual information and processing language and mathematics.

Processed First

Refers to the order in which information or data is handled or prioritized for analysis or action in a sequence of operations.