Suppose an American Worker Can Make 20 Pairs of Shoes

question 130

Multiple Choice

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.On the other hand,a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day.The opportunity cost of a pair of shoes is __________ for the United States than Canada,so Canada has the ______________ advantage in shoe production.

• A) higher; comparative
• B) lower; comparative
• C) higher; absolute
• D) lower; absolute

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Definitions:

Stability

The quality of being steady, consistent, and less likely to change or fail.

Identity Confirmation

The validation and recognition of one's self-concept by others, contributing to a person's sense of identity.

Senescence

The process of biological aging, characterized by a gradual decrease in physiological function and increased susceptibility to diseases.

Emerging Adult

A phase of the life course between adolescence and full-fledged adulthood, characterized by exploration and instability in love, work, and worldviews.