Table 3-30
Assume that Falda and Varick can switch between producing wheat and producing cloth at a constant rate. 
-Refer to Table 3-30. Falda has an absolute advantage in the production of
Definitions:
Competing
Engaging in an effort to win or outperform others in a particular activity or field.
Smallest Components
Basic or most fundamental elements or parts of a system, concept, or object.
Systems Theory
An interdisciplinary framework that analyzes and describes complex entities as coherent systems with interconnected and interdependent parts.
Independent Parts
refers to components or elements that do not depend on each other to function or operate, allowing for versatility and flexibility in their use or assembly.
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