Refer to the Data Below

question 56

Multiple Choice

Refer to the data below. Assume that before specialization and trade Gamma and Sigma both chose production possibility "C." Now if each specializes according to comparative advantage, the gains from specialization and trade will be: Production possibilities data for Gamma and Sigma. All data are in tons.
Gamma production possibilities: Sigma production possibilities:

• A) 40 tons of pots.
• B) 20 tons of tea and 20 tons of pots.
• C) 20 tons of tea.
• D) 40 tons of tea.

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Definitions:

Guilty Knowledge Test

A psychological assessment used in forensic psychology to determine whether a person has implicit knowledge about a crime that only the perpetrator could have.

Spillover Effect

The phenomenon where an emotional response to one event spills over and influences the response to a subsequent, unrelated event.

James-Lange Theory

A theory of emotion proposing that emotions arise from physiological reactions to events.

Cannon-Bard Theory

A theory of emotion suggesting that physiological arousal and emotional experience occur simultaneously but independently.