Table 3-6 -Refer to Table 3-6

question 51

Multiple Choice

Table 3-6 $$\begin{array} { c c c c c } &&& { \text { Labor Hours Needed to } } &&&& { \text { Amount } } \\&&& { \text { Make 1 Pound of } } &&&& \text { Produced in } 40 \text { hours } \\\hline\end{array}$$
$$\begin{array} { c c c c c } & \text { Meat } & \text { Potatoes } & \text { Meat } & \text { Potatoes } \\\hline \text { Farmer A } & 8 \text { hours/pound } & 5 \text { hours/pound } & 5 \text { pounds } & 8 \text { pounds } \\\text { Farmer B } & 4 \text { hours/pound } & 10 \text { hours/pound } & 10 \text { pounds } & 4 \text { pounds }\end{array}$$
-Refer to Table 3-6.Relative to farmer A,farmer B rancher has an absolute advantage in the production of

• A)meat,but not in the production of potatoes.
• B)potatoes,but not in the production of meat.
• C)both meat and potatoes.
• D)neither meat nor potatoes.

---

Definitions:

Culture

The shared norms, values, beliefs, and practices that influence the behavior of groups of people, shaping their societal norms and interactions.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Sales Tax

A tax paid to a governing body for the sales of certain goods and services, typically a percentage added to the total sale price.

Consumer Need

A requirement essential for a consumer's survival or well-being, which drives purchasing behavior and product demand.