Multiple Choice
Tom is a castaway who washes up on a remote island. He can kill eight birds per hour or catch ten fish per day. The natives on the island can kill ten birds per day or catch twenty fish per day. According to comparative advantage,
A) Tom should kill more birds and fish less, then trade birds for fish.
B) Tom should kill fewer birds and fish more, then trade fish for birds.
C) Both, Tom should kill more birds and fish less.
D) Both, Tom should kill fewer birds and fish more.
Correct Answer:

Verified
Correct Answer:
Verified
Q85: To economists, the resource category land includes
Q86: The opportunity cost of an action is
Q87: How can market failure occur in the
Q88: Which of the following are consequences of
Q89: Market failure is a term used to
Q91: Al B. Core works at a Fresh
Q92: Which of the following is an example
Q93: The marginal cost of a vacation in
Q94: The opportunity cost of an action is:<br>A)the
Q95: It is difficult to make the concept