Table 2-3 Table 2-3 Shows the Output Per Week of Two Jewelers

question 127

Multiple Choice

Table 2-3

Table 2-3 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2-3.Which of the following statements is true?

• A) Haley has an absolute advantage in making both products.
• B) Serena has an absolute advantage in making both products.
• C) Haley has an absolute advantage in making bracelets and Serena in making necklaces.
• D) Haley has an absolute advantage in making necklaces and Serena in making bracelets.

---

Definitions:

After Tax Cash Flows

The amount of net cash flow available after taxes have been deducted.

Growth Rate

Growth rate is a measure of the increase in size, number, value, or strength of a business, population, or other measurable entities, usually expressed as a percentage over a specific period of time.

Synergies

Synergies are the combined benefits achieved through mergers, acquisitions, or collaborations, leading to increased efficiency and productivity.

Beta

A measure of a stock's volatility in relation to the overall market.