Country a Can Produce 10 Yards of Textiles or 6

question 87

Multiple Choice

Country A can produce 10 yards of textiles or 6 pounds of food per unit of input.Country B can produce 8 yards of textiles or 5 pounds of food per unit of input.

• A)Country A is relatively more efficient than Country B in the production of food.
• B)Country B is relatively more efficient than Country A in the production of food.
• C)Country A has an absolute advantage over Country B in the production of food and textiles.
• D)Country B is relatively more efficient than Country A in the production of food,but Country A has an absolute advantage over Country B in the production of food and textiles.

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Definitions:

Full-Time Student

A status for individuals who attend an educational institution for a certain number of hours or courses as defined by the institution.

Child And Dependent Care Credit

A tax credit in the U.S. for eligible expenses related to the care of a child or dependent, making it easier for caregivers to work or look for work.

Earned Income

Income derived from active participation in a business, including wages, salaries, tips, and other compensation.

Education Credit Deduction

A tax benefit that reduces the amount of income tax owed by individuals paying for higher education expenses.