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Refer to the Information Provided in Table 2

question 95

Multiple Choice

Refer to the information provided in Table 2.1 below to answer the following questions.
Table 2.1
Refer to the information provided in Table 2.1 below to answer the following questions. Table 2.1 -Refer to Table 2.1.Which of the following statements is TRUE? A) Krystal has a comparative advantage in both writing TV commercials and writing poems. B) Mark has a comparative advantage in both writing TV commercials and writing poems. C) Krystal has a comparative advantage in writing TV commercials,and Mark has a comparative advantage in writing poems. D) Mark has a comparative advantage in writing TV commercials,and Krystal has a comparative advantage in writing poems.
-Refer to Table 2.1.Which of the following statements is TRUE?

Definitions:

Costly Temptations

Expenses incurred from yielding to desires that can lead to negative financial consequences.

Repeated Mistakes

The act of making the same errors multiple times, often hindering progress or learning in any context.

Neoclassical Economics

Neoclassical economics is a school of thought that emphasizes rationality, market equilibrium, and the efficiency of markets in allocating resources.

Rational

Behaviors and decisions that maximize a person’s chances of achieving his or her goals.

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