Suppose That Dwight and Jim Can Either Make Salads or Grill

question 100

Multiple Choice

Suppose that Dwight and Jim can either make salads or grill steaks. Their maximum output per hour is listed in the following table. Given the same quantity of resources, at what terms of trade (relative price ratio) could they specialize and trade so that both consume outside their own production possibilities frontier (PPF) ?

• A) 1 salad per 1 steak
• B) 2 salads per 1 steak
• C) 2.5 salads per 1 steak
• D) 3 salads per 1 steak
• E) 3.5 salads per 1 steak

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Definitions:

Selectively Permeable Membrane

A membrane that allows certain molecules or ions to pass through it by diffusion and occasionally specialized processes, crucial in maintaining the cell environment.

Osmosis

The movement of water molecules through a selectively permeable membrane from a region of lower solute concentration to one of higher concentration.

Protein

Large biomolecules, or macromolecules, composed of one or more long chains of amino acid residues, crucial for the structure, function, and regulation of the body's tissues and organs.

Malpighian Tubules

Excretory structures in certain arthropods like insects and spiders, involved in the removal of waste materials.