Al and Bill Are the Only Workers in a Small

question 6

Multiple Choice

Al and Bill are the only workers in a small factory that makes geegaws and doodads.Al can make 7 geegaws per hour or 14 doodads per hour.Bill can make 4 geegaws per hour or 24 doodads per hour.Assuming that neither of them finds one task more odious than the other,

• A)Bill has a comparative advantage in producing geegaws and Al has a comparative advantage in producing doodads.
• B)Bill has a comparative advantage in producing both geegaws and doodads.
• C)Al has a comparative advantage in producing both geegaws and doodads.
• D)Al has a comparative advantage in producing geegaws and Bill has a comparative advantage in producing doodads.
• E)both have a comparative advantage in producing doodads.

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Definitions:

Capital Punishment

The legal process of executing someone as a penalty for a crime, also known as the death penalty.

Group Dynamics

The patterns of interaction and relationships that form within a group, influencing its function and performance.

Group Development Model

A theoretical framework that describes the stages groups typically go through from formation to termination, including forming, storming, norming, performing, and adjourning.

Cohesiveness

The degree to which members of a group or team are bonded together, promoting unity, solidarity, and support.