Both Dave and Caroline Produce Sweaters and Socks

question 41

Multiple Choice

Both Dave and Caroline produce sweaters and socks.If Dave's opportunity cost of 1 sweater is 3 socks and Caroline's opportunity cost of 1 sweater is 5 socks,then

• A)Dave has a comparative advantage in the production of sweaters.
• B)Caroline has a comparative advantage in the production of sweaters.
• C)Dave has a comparative advantage in the production of socks.
• D)Dave has a comparative advantage in the production of both sweaters and socks.

Understand the role of the risk-free rate and market rate of return in determining asset pricing.

Identify the relationship between risk and return and the significance of the Security Market Line (SML).

Comprehend the significance of portfolio weights and their impact on portfolio returns and risk.

Understand how sleep habits impact sleep quality and outcomes.

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Definitions:

Peaks

In analytical chemistry, refers to the points in a graph, spectrum, or chromatogram that represent a maximum concentration or abundance of a compound or component.

Compound

A substance formed from the chemical combination of two or more elements in a specific ratio, bonded together in a fixed structure.

Proton Spin Decoupled

A technique in nuclear magnetic resonance (NMR) spectroscopy where the interaction between proton spins is removed or reduced to simplify the spectrum and enhance structural elucidation.

1,3,5-trinitrobenzene

A highly nitrate-substituted benzene molecule, known for its explosive properties and use in various chemical applications.