Refer to the information provided in Table 2.2 below to answer the following question(s).Table 2.2?MollyPeteAvatar Design68Tattoo Design32Refer to Table 2.2. To maximize total production,
A. Molly should design avatars and tattoos, but Pete should only design avatars.
B. Molly should specialize in avatar design and Pete should specialize in tattoo design.
C. Pete should specialize in avatar design and Molly should specialize in tattoo design.
D. Molly and Pete should both split their time between designing avatars and tattoos.
Answer: C
Economics
You might also like to view...
What are the key functions of the equilibrium price in a perfectly competitive market?
What will be an ideal response?
Economics
The CPI is used
a. to estimate from estimated to actual values b. to translate from real to nominal values c. to translate from nominal to real values d. as a policy target e. c and d
Economics