Table 3-31 ​

question 354

Multiple Choice

Table 3-31
​
-Refer to Table 3-31. Relative to the rancher, the farmer has

• A)a comparative advantage in the production of meat, because the farmer's opportunity cost of a pound of meat is lower than the rancher's opportunity cost of a pound of meat.
• B)a comparative advantage in the production of potatoes, because the rancher requires less time than the farmer to produce a pound of potatoes.
• C)a comparative advantage in the production of potatoes; relative to the farmer, the rancher has a comparative advantage in the production of meat.
• D)an absolute advantage in the production of both meat and potatoes.

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Definitions:

Pent-up Emotions

Refers to feelings that a person has suppressed or not expressed over a period of time.

Pent-up Emotions

Emotions that have been suppressed or not expressed, often leading to increased stress or emotional outbursts.

Ambiguous

Something that is unclear, uncertain, or open to more than one interpretation.

Anxious

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.