Refer to the Table Below A)pies; Cakes
B)cakes; Pies
C)neither Pies nor Cakes; Both Pies

question 54

Multiple Choice

Refer to the table below. Based on their comparative advantage, Martha should specialize in _______ while Julia should specialize in _______. $$\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { Time to } \\\text { Make a Pie }\end{array} & \begin{array} { c } \text { Time to } \\\text { Make a Cake }\end{array} \\\hline \text { Martha } & 60 \text { minutes } & 80 \text { minutes } \\\hline \text { Julia } & 50 \text { minutes } & 60 \text { minutes } \\\hline\end{array}$$

• A)pies; cakes
• B)cakes; pies
• C)neither pies nor cakes; both pies and cakes
• D)both pies and cakes; neither pies nor cakes

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Definitions:

Separation

The process of an employee leaving a company, whether through resignation, termination, or retirement, often involving administrative and human resource procedures.

Flexible Work Arrangements

Employment terms that allow for variations in scheduling, location, and hours worked, catering to the needs of both employer and employee.

Employee Engagement

The level of an employee’s emotional investment, commitment, and enthusiasm toward their job and company.

Markov Analysis

A statistical method used to predict the future state of a system based on its current state and probabilistic transitions.