If Ana Devotes All Her Time to Making Fudge, She

question 12

Multiple Choice

If Ana devotes all her time to making fudge, she can make 3 pounds of fudge an hour, and if she devotes all her time to making toffee, she can make 2 pounds of toffee an hour. If Leo devotes all his time to making fudge, he can make 4 pounds of fudge an hour, and if he devotes all his time to making toffee, he can make 5 pounds of toffee an hour. Which of the following statements is correct?

• A)Ana has both an absolute advantage and the comparative advantage in fudge.
• B)Ana has the comparative advantage in toffee, but Leo has the absolute advantage in toffee.
• C)Ana has the comparative advantage in fudge, but Leo has the absolute advantage in fudge.
• D)Leo has both the absolute advantage and the comparative advantage in fudge.

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Definitions:

Beliefs And Behaviors

The interrelation between what individuals hold to be true and how these convictions are manifested in their actions or conduct.

Metaphysical Environment

A concept referring to an abstract, non-physical realm that might encompass ideas, spiritual forces, or other non-material influences on reality.

Physical Environment

The surrounding conditions and physical factors, including geography, climate, and built environments, in which individuals or populations live.

Unconscious Environment

Influences from one's surroundings that affect behavior and decision-making processes without one's explicit awareness.