Below Is the Productivity Per Worker (Kilos Per Day)in the Wheat

question 149

Multiple Choice

Below is the productivity per worker (kilos per day) in the wheat and bean industries of Caledonia and Ibrox.The working population in each country is 16 million people.

-Refer to the information above to answer this question.Which of the following is true?

• A)Cholesterol has an absolute advantage in pork and Fat has an absolute advantage in beef.
• B)Cholesterol has an absolute advantage in beef and Fat has an absolute advantage in pork.
• C)Cholesterol has a comparative advantage in pork and Fat has a comparative advantage in beef.
• D)Cholesterol has a comparative advantage in pork and Fat has an absolute advantage in beef.

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Definitions:

Nuts

Edible seeds typically encased in a hard shell, commonly consumed as snacks or used in various recipes.

Berries

Small, pulpy, and often edible fruits that are typically juicy, rounded, brightly colored, and have seeds.

Utility Function

A mathematical expression that represents a consumer's preference ranking over a set of goods and services.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period of time.