Refer to the Information Provided in Table 2 -Refer to Table 2

question 2

Multiple Choice

Refer to the information provided in Table 2.2 below to answer the following question(s) .
Table 2.2
$$\begin{array} { | l | l | l | } \hline & \text { Molly } & \text { Pete } \\\hline \text { Avatar Desigrn } & 6 & 3 \\\hline \text { Tattoo Desigri } & 3 & 2 \\\hline\end{array}$$
-Refer to Table 2.2. Which of the following statements is true?

• A) Molly has a comparative advantage in both avatar design and tattoo design.
• B) Pete has a comparative advantage in both avatar design and tattoo design.
• C) Molly has a comparative advantage in avatar design and Pete has a comparative advantage in tattoo design.
• D) Pete has a comparative advantage in avatar design and Molly has a comparative advantage in tattoo design.

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Definitions:

Recognize Income

The process of reporting income when it is earned, according to accounting principles, regardless of when it is received.

Unemployment Compensation

Financial benefits provided to individuals who have lost their job through no fault of their own, as a means to temporarily assist them while they seek new employment.

Taxable

Relates to income, assets, or transactions that are subject to tax by governmental authorities.

Gross Profit Percentage

A financial metric that represents the proportion of money left over from revenues after accounting for the cost of goods sold, expressed as a percentage.