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John Can Milk 20 Cows or Feed 40 Calves in One

question 153

Essay

John can milk 20 cows or feed 40 calves in one hour. Jared can milk 10 cows or feed 50 calves in one hour.
a. Who has the absolute advantage in milking cows? Who has the absolute advantage in feeding calves?
b. Who has the comparative advantage in milking cows? Who has the comparative advantage in feeding calves?
c. If John and Jared, who have been dividing their time equally between milking and feeding, each specialise in the activity in which they have a comparative advantage, how many additional cows can be milked and calves fed per hour?


Definitions:

Child Abuse

Any act or failure to act that results in harm, potential for harm, or threat of harm to a child, including physical, emotional, or sexual abuse, as well as neglect.

Teenage Child

An individual in the developmental stage between childhood and adulthood, typically ranging from 13 to 19 years old.

Upper-Income Family

A family that earns significantly more income than the average, placing them in the top echelons of income distribution.

Abusive Husbands

Husbands who engage in behaviors that inflict physical, emotional, psychological, or sexual harm on their partners.

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