If Individual X Has Comparative Advantage in Painting and Individual

question 220

Multiple Choice

If individual X has comparative advantage in painting and individual Y has comparative advantage in carpentry, then

• A) individual X must use fewer hours to paint a fence than individual Y.
• B) individual Y will specialize in painting.
• C) there is a lower opportunity cost (expressed in units of carpentry) for individual X to paint than for individual Y to paint.
• D) specialization will not occur, since each does not have a clear absolute advantage.

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Definitions:

Competitive Workplace

An environment where employees are encouraged to compete against each other for recognition, advancement, or rewards.

Social Convoy

a concept in sociology and psychology referring to the group of family, friends, and acquaintances that travels with an individual throughout their life, providing support.

Middle Adulthood

A developmental phase typically occurring between ages 40 and 65, characterized by stability, growth in career and family life, and preparation for aging.

Older Adulthood

A life stage characterizing individuals typically aged 65 and older, often associated with retirement, significant life experiences, and increased focus on health.