Table 3-27 Assume That Huang and Min Can Switch Between Producing Parasols

question 128

Multiple Choice

Table 3-27
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
​
-Refer to Table 3-27. Min has an absolute advantage in the production of

• A)plates and a comparative advantage in the production of plates.
• B)parasols and a comparative advantage in the production of plates.
• C)neither good and a comparative advantage in the production of parasols.
• D)neither good and a comparative advantage in the production of plates.

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Definitions:

Oral Stage

The first stage in Freud's psychosexual development theory, occurring in the first year of life, where pleasure is focused on oral activities such as sucking and biting.

Phallic Stage

A phase in Freud's psychosexual development theory occurring around age three to six, where the child's libido (sexual energy) is focused on the genital area.

Genital Stage

In Freudian psychosexual stages, the final stage beginning in puberty in which sexual desire is prominent and focused on genitalia.

Toilet Trained

The process during which a young child learns to use the toilet for urination and defecation independently.