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:

Absenteeism

The habitual non-presence of an employee at their job, which can include both excused absences like sick leave and unexcused absences.

Presenteeism

The phenomenon of employees coming to work despite being ill or otherwise incapacitated, often leading to reduced productivity.

Time Management

The process of planning and exercising conscious control over the amount of time spent on specific activities, especially to increase efficiency or productivity.

Delegation

The assignment of responsibility or authority to another person (typically from a manager to a subordinate) to carry out specific activities.