A Person Has a Comparative Advantage in an Activity Whenever

question 204

Multiple Choice

A person has a comparative advantage in an activity whenever she

• A) has an absolute advantage in the activity.
• B) can perform the activity at a lower opportunity cost than another person can.
• C) can do the activity in less time than anyone else.
• D) can do everything better than anyone else.

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Definitions:

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time, leading to a decrease in responsiveness.

Subliminal Stimulation

The process of influencing an individual's mind and behavior by presenting stimuli below the threshold of conscious awareness.

Absolute Threshold

The lowest level of stimulus strength needed to notice a specific stimulus half of the time.

Sense Receptors

Specialized cells or organs in the body that detect and respond to external stimuli, such as light, sound, or pressure.