Table 2.9 -Refer to Table 2.9. This Table Shows the Number of Shows

question 117

Essay

Table 2.9

-Refer to Table 2.9. This table shows the number of labour hours required to produce a motorcycle and a guitar in Ireland and Scotland.
a.Which country has an absolute advantage in the production of motorcycles?
b.Which country has an absolute advantage in the production of guitars?
c.What is Ireland's opportunity cost of producing one motorcycle?
d.What is Scotland's opportunity cost of producing one motorcycle?
e.What is Ireland's opportunity cost of producing one guitar?
f.What is Scotland's opportunity cost of producing one guitar?
g.If each country specialises in the production of the product in which it has a comparative advantage, who should produce motorcycles?
h.If each country specialises in the production of the product in which it has a comparative advantage, who should produce guitars?
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Definitions:

Depression

A common and serious mood disorder that affects how a person feels, thinks, and handles daily activities, characterized by persistent feelings of sadness and/or a lack of interest in previously enjoyed activities.

Specific Phobia

An anxiety disorder marked by fear of a specific object or situation that is out of proportion with any actual threat.

Self-reports

A method in research where individuals provide data or information about themselves, typically through questionnaires or interviews.

Psychopathology

The examination and analysis of psychological disorders, focusing on their manifestations, origins, and therapeutic options.