When There Are Two People and Each Is Capable of Producing

question 173

True/False

When there are two people and each is capable of producing two goods, it is possible for one person to have a comparative advantage over the other in both goods.

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Definitions:

Chromosomes

Threadlike structures made of DNA and protein that contain the genes, found in the nucleus of most living cells.

Longevity

The length of time that an individual lives or a thing lasts.

Hearing Loss

A reduction in the ability to hear sounds, which can range from mild to profound impairment.

Financially Secure

The state of having sufficient financial resources to meet needs and withstand unexpected financial demands.