Table 18-2 Sarita and Gabriel Own S&G Bakery. Table 18-2

question 104

Multiple Choice

Table 18-2
Sarita and Gabriel own S&G Bakery. Table 18-2 lists the number of pies and cakes Sarita and Gabriel can each bake in one day.
-Refer to Table 18-2.Select the statement that accurately interprets the data in the table.

• A) Sarita has an absolute advantage in baking cakes and Gabriel has an absolute advantage in baking pies.
• B) Sarita has an absolute advantage in baking pies and Gabriel has an absolute advantage in baking cakes.
• C) Sarita has an absolute advantage in baking pies and cakes.
• D) Gabriel has an absolute advantage in baking pies and cakes.

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Definitions:

Adequacy Of Consideration

Refers to the fairness of the bargain in a contract, ensuring that what is exchanged holds reasonable value.

Detriment

A loss or harm suffered as a result of an action or decision.

Illusory Promise

A statement or promise that is vague or lacks commitment and does not legally bind the person making it.

Illusory Promises

Statements or agreements that appear to assure a commitment or obligation but in fact do not actually bind the party to any specific action or result.