The Data in the Table Below Assumes That with the Same

question 77

Multiple Choice

The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers.Australia can make 1, 000 computers or 2, 000 units of food in a day, and the Philippines can make 200 computers or 1, 200 units of food in a day. Table 34.2 According to Table 34.2, Australia has an:

• A)absolute advantage in the production of only food.
• B)absolute advantage in the production of both food and computers.
• C)absolute disadvantage in the production of both food and computers.
• D)absolute advantage in the production of only computers.
• E)absolute disadvantage in the production of food.

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Definitions:

Software Program

A set of instructions or code written by programmers/developers to perform specific tasks or operations on a computer.

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Rules or signals in the form of numbers, letters, or symbols used to represent information in a condensed form, often for confidentiality, efficiency, or both.

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A severe infection caused by the bacterium Streptococcus pneumoniae, leading to inflammation and organ failure.