Roommates Sarah and Zoe Are Hosting a Halloween Party and Have

question 281

Multiple Choice

Roommates Sarah and Zoe are hosting a Halloween party and have to make food for their guests and costumes for themselves.To finish both tasks as quickly as possible,Sarah and Zoe know that each of them should focus on just one task,but they don't know who should do what.Sarah and Zoe should determine which roommate:

• A)has the absolute advantage in cooking.
• B)has the comparative advantage in cooking.
• C)can cook the most in a given amount of time.
• D)can complete the cooking in the least amount of time.

---

Definitions:

Debt Financing

The raising of capital through borrowing, which typically involves taking out loans or issuing bonds.

Initial Public Offering

The process by which a private company offers its shares to the public for the first time.

Angel Investment

Financing provided by affluent individuals to startups or small businesses in exchange for ownership equity or convertible debt.

Attitudes

Mental and emotional entities that denote an individual's degree of like or dislike for an item.