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:

Consumer Surplus

The variation between the total value consumers can and will offer for a good or service and the amount they actually expend.

White Water Rafting

An adventurous outdoor activity which involves navigating rivers with varying degrees of rough water in a raft.

Unit Cost

The expenses a company faces to manufacture, warehouse, and market a single unit of a specific product or service.

Administrative Burden

The costs and effort associated with compliance to regulations, paperwork, and procedural necessities in organizations or governmental bodies.