Sheila and Jim Live in an Island Where They Are

question 153

Multiple Choice

Sheila and Jim live in an island where they are the only two workers. Sheila can either catch 10 fish or gather 40 pounds of berries each day, and Jim can either catch 8 fish or gather 24 pounds of berries each day. Both of them work 200 days per year. At current world prices 1 fish trades for 3.5 pounds of berries. Who has the comparative advantage in producing berries?

• A)Sheila and Jim
• B)Jim
• C)Sheila
• D)Neither of them

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Definitions:

Team Empowerment

The process of granting team members autonomy, authority, and confidence to make decisions and take actions that contribute towards achieving the team's goals.

Dimension

A measurable extent of a particular kind, such as length, breadth, depth, or height, used to define the parameters of an object or situation.

Autonomy

Refers to the freedom to make decisions independently, without external control or influence.

Team Empowerment

The process of giving team members the authority, confidence, and tools required to take initiative and make decisions in their roles.