Multiple Choice
Ashley is an attorney and also an excellent typist. She can type 120 words per minute, but she charges attorney fees at $100 per hour. Benjamin would like some typing work but can only type 60 words per minute. According to the law of comparative advantage, Ashley should hire Benjamin to do her typing if and only if his wage rate is less than
A) $10 per hour.
B) $50 per hour.
C) $60 per hour.
D) $100 per hour.
Correct Answer:

Verified
Correct Answer:
Verified
Q132: Which of the following will most likely
Q133: An improvement in a country's legal system
Q134: If Terrell can produce more bagels in
Q135: Todd owns a truck that he values
Q136: According to the law of comparative advantage,
Q138: Which of the following is an implication
Q139: For most students attending state universities, the
Q140: Figure 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7348/.jpg" alt="Figure 2-1
Q141: Use the production possibilities data below to
Q142: Which of the following activities describes the