Al and Bill Are the Only Workers in a Small

question 8

Multiple Choice

Al and Bill are the only workers in a small factory that makes geegaws and doodads.Al can make 5 geegaws per hour or 20 doodads per hour.Bill can make 3 geegaws per hour or 6 doodads per hour.Assuming that neither of them finds one task more odious than the other,

• A)Bill has a comparative advantage in producing both geegaws and doodads.
• B)Al has a comparative advantage in producing geegaws and Bill has a comparative advantage in producing doodads.
• C)Al has a comparative advantage in producing both geegaws and doodads.
• D)Bill has a comparative advantage in producing geegaws and Al has a comparative advantage in producing doodads.
• E)both have a comparative advantage in producing doodads.

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Definitions:

Full-Time Employment

Employment status where an individual works a minimum number of hours defined by their employer as full-time, commonly around 35 to 40 hours per week.

Policy Manual

A document that provides a comprehensive description of a company's or organization's policies and procedures.

Employee Termination

The process of ending the employment of an employee or staff member by their employer, which can be voluntary or involuntary.

Job Responsibilities

The specific tasks and duties that are expected to be performed by someone holding a particular job position.