Berries Fish
Rob 20 80
Bill 30 60
1. Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they had to find and make their own food. Rob and Bill spent one day each fishing and picking berries. The table lists the pounds of output Rob and Bill produced.
A. Rob has an absolute advantage in picking berries and Bill has an absolute advantage in
catching fish.
B. Bill has an absolute advantage in picking berries and Rob has an absolute advantage in
catching fish.
C. Bill has an absolute advantage in picking berries and catching fish.
D. Rob has an absolute advantage in picking berries and catching fish.
2. Use the table above to select the statement that accurately interprets the data in the table.
A. Bill has a comparative advantage in catching fish.
B. Rob has a comparative advantage in picking berries.
C. Rob has a comparative advantage in catching fish and picking berries.
D. Bill has a comparative advantage in picking berries.

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

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Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?