Eileen Has a Comparative Advantage Over Jan in Piano Tuning,but

question 25

Multiple Choice

Eileen has a comparative advantage over Jan in piano tuning,but not shoe polishing.Therefore,_____.

• A)Jan must have an absolute advantage in piano tuning
• B)Eileen must have an absolute advantage in shoe polishing
• C)Jan must have a lower opportunity cost of shoe polishing
• D)Eileen must have an absolute advantage in shoe polishing and in piano tuning
• E)Eileen must have an absolute advantage in piano tuning

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Definitions:

Simplified Reality

The process or practice of making a complex situation or concept more understandable by reducing it to its basic elements.

Laboratory Experiments

Controlled tests or investigations conducted in a setting specifically designed for scientific research.

General Principles

Fundamental concepts or laws that form the foundation of a theory, discipline, or system of thought.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.