Moe Divides His Time Between Studying Physics and Studying Economics

question 95

Multiple Choice

Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown below. Which of the following is true?

• A)Moe has a comparative advantage in physics.
• B)Moe's opportunity cost of studying for each subject is increasing.
• C)Moe has a comparative advantage in economics.
• D)Moe has an absolute advantage in economics.

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Definitions:

Validity

The extent to which a test, tool, or study accurately measures or reflects what it claims to measure.

Subscale

In psychological testing, a set of items grouped together that measure a specific dimension or construct.

Reliability

Refers to the consistency and dependability of measurement results over time.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.