Table 2-8 Table 2-8 Shows the Output Per Month of Month

question 89

Multiple Choice

Table 2-8
Table 2-8 shows the output per month of two people,Wilma and Betty.They can either devote their time to making marble statues or making marble benches.
-Refer to Table 2-8.Which of the following statements is true?

• A)Wilma has an absolute advantage in making both products.
• B)Betty has an absolute advantage in making both products.
• C)Betty has an absolute advantage in making statues and Wilma in making benches.
• D)Betty has an absolute advantage in making benches and Wilma in making statues.

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Definitions:

Short-term Memory

A temporary storage system in the brain for holding a small amount of information readily available for a short period of time.

Iconic Memory

A type of visual sensory memory that retains information for a very brief period, often described as the afterimage left by a visual stimulus.

Primacy Effect

A cognitive bias that results in the enhanced recall of items or information presented at the beginning of a list or sequence.

Recency Effect

The tendency to remember the most recently presented information best when recalling a list of items.