Refer to the Information Provided in Table 2 -Refer to Table 2

question 47

Multiple Choice

Refer to the information provided in Table 2.1 below to answer the following question(s) .
Table 2.1
$$\begin{array} { | c | c | c | } \hline & \text { Krystal } & \text { Mark } \\\hline \text { Writing Poerss } & 8 & 12 \\\hline \text { Writing TV Cornnercials } & 2 & 4 \\\hline\end{array}$$
-Refer to Table 2.1. To maximize total production,

• A) Krystal should specialize in writing TV commercials, and Mark should specialize in writing poems.
• B) Mark should specialize in writing TV commercials, and Krystal should specialize in writing poems.
• C) Krystal and Mark should both split their time between writing poems and writing TV commercials.
• D) Krystal should write poems and write TV commercials, but Mark should only write poems.

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Definitions:

1960s

A decade marked by significant social, political, and cultural change worldwide, including movements for civil rights and against the Vietnam War in the United States.

Technological Progress

Innovations and improvements in technology that can lead to more efficient production methods and economic growth.

Factor of Production

Inputs used in the production of goods or services to make an economic profit, including land, labor, capital, and entrepreneurship.

Perfectly Competitive

A market structure characterized by many buyers and sellers, homogeneous products, free entry and exit, and perfect information, leading to firms being price takers.