Suppose an American Worker Can Make 20 Pairs of Shoes

question 7

Multiple Choice

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.A Canadian worker,on the other hand,can produce 10 pairs of shoes or grow 20 apples per day.Which of the following statements is true?

• A)The United States has a comparative advantage in the production of shoes.
• B)Canada has a comparative advantage in the production of shoes.
• C)Comparative advantage doesn't exist in this scenario.
• D)Both countries have a comparative advantage in the production of shoes.

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Definitions:

Inner Polarities

Refers to the opposing forces or tendencies within a person's psyche or character, often related to personality aspects that individuals struggle to reconcile or balance.

Unconscious

The unconscious consists of the processes in the mind that occur automatically and are not available to introspection, influencing thoughts and behaviors.

Conscious

Being aware of and able to think about one’s own existence, sensations, thoughts, surroundings, and experiences.

Perceiving/Judging

Refers to one of the dichotomies in the Myers-Briggs Type Indicator (MBTI), indicating a preference in the way individuals process information and make decisions, either through perceiving (open-ended, adaptable, spontaneous) or judging (organized, decisive).