Use the production possibilities table below to answer the following question. Assume constant opportunity costs for Steven and Matthew. Units of cheese in a day fish in a day steven 10 25 Matthew 30 10 Which of the following is true regarding Steven and Matthew's trade advantages? A- Matthew has an absolute advantage in fish. B-Matthew has a comparative advantage in fish. C-Steven has an absolute advantage in cheese and fish. D-Steven has
(1) Use the production possibilities table below to answer the following question. Assume constant
| Units of cheese in a day | fish in a day | |
| steven | 10 | 25 |
| Matthew | 30 | 10 |
Which of the following is true regarding Steven and Matthew's trade advantages?
A- Matthew has an
C-Steven has an absolute advantage in cheese and fish. D-Steven has an absolute and comparative advantage in fish. E-Steven has absolute and
(2)The table below shows the total utility that Sarah enjoys based on the quantity of pizza slices she consumes.
| Pizza Slices consumed | Total Utility(utils) |
| 1 | 4 |
| 2 | 7 |
| 3 | 9 |
| 4 | 11 |
| 5 | 12 |
Based on the table above, which slice of pizza gives Sarah the highest
A- slice 1. B-slice 2 C-Slice 3. D-Slice 4. E-Slice 5
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