試題詳解

1. Bob and Kitty both work eight hours a day. In one day, Bob can make 10 scones or 16 muffins, whereas Betty can make 18 scones or 18 muffins. Given this, which statement is correct?
(A) Kitty has an absolute and comparative advantage producing muffins.
(B) It is not beneficial for Kitty to trade with Bob.
(C)Bob has a lower opportunity cost in producing muffins than Kitty.
(D) Bob’s opportunity cost of one scone is 5/9 muffins.