Multiple Choice
Scenario: There are two workers in a factory that produces two goods, Good X and Good Y. Worker 1 adds a value of $200 per hour in the production of Good X and a value of $100 per hour in the production of Good Y. Worker 2 adds a value of $125 per hour in the production of Good X and a value of $87.50 per hour in the production of Good Y.
-Refer to the scenario above.Identify the correct statement.
A) Worker 1 is less productive than Worker 2 at producing Good Y.
B) Worker 1 is more productive than Worker 2 at producing Good X.
C) Worker 2 can produce Good X at a lower opportunity cost than Worker 1.
D) Worker 2 has an absolute advantage in the production of Good Y.
Correct Answer:

Verified
Correct Answer:
Verified
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