Table 19-1 Linda and Sandy Own the Preppy Puppy, a Dog Grooming

question 3

Multiple Choice

Table 19-1
$\begin{array}{|c|c|c|}\hline & \text { Bathing } & \text { Grooming } \\\hline \text { Linda } & 60 & 20 \\\hline \text { Sandy } & 50 & 25\\\hline\end{array}$ Linda and Sandy own The Preppy Puppy, a dog grooming business. Table 19-1 lists the number of dogs Linda and Sandy can each bathe and groom in one week.
-Refer to Table 19-1.Select the statement that accurately interprets the data in the table.

• A) Linda has a comparative advantage in dog bathing.
• B) Sandy has an absolute advantage in dog bathing.
• C) Sandy has a comparative advantage in dog bathing.
• D) Linda has a comparative advantage in dog grooming and dog bathing.

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Definitions:

Demand Curve

A chart that illustrates how the quantity of a product that consumers are ready to buy varies with its price.

Decrease in Demand

Refers to a situation where consumers' desire to purchase goods or services at a given price level decreases, leading to a leftward shift in the demand curve.

BCG Portfolio Planning Model

A strategic business tool developed by the Boston Consulting Group to help organizations prioritize their investments across different business units based on market growth and market share.

Market Growth Rate

A measure of the increase in the size or value of a market for a product or service over time.