Facts and explanation about the segments shown in question :
As BC = EF is a given statement in the question
AB + BC = AC because the definition of betweenness gives us a clear idea that if a point B is between points A and C, then the length of AB and the length of BC is equal to the length of AC. Also according to Segment addition postulate, AB + BC = AC. For example, if AB = 5 and BC= 7 then AC = AB + BC → AC = 12
AC > BC because the Parts Theorem (Segments) mentions that if B is a point on AC between A and C, then AC > BC and AC>AB. So, if we observe the question figure, we can realize that point B lies on the segment AC between points A and C.
AC > EF because BC is equal to EF and if AC>BC, then it must be true that the length of AC must greater than the length segment EF.
Below is the complete proof of the observation given in the question:
Answer: The absolute advantage in laundry is held by Steve while the comparative advantage in meal preparation is held by Mike.
Step-by-step explanation:
Absolute advantage is when an individual, firm or country can produce a good or service at a lower cost when compared to the other economic agent. When someone has absolute advantage, it means that the person uses fewer resources and spends less time in producing the good. Based on the explanation, Steve has absolute advantage in laundry since he spends two hours compared to Mike who uses 3hours.
Comparative advantage is when an individual, firm or government can produce a good or service with a lower opportunity cost when compared to the other person. Mike has a comparative advantage in the preparation of meal. It'll be better for Steve to focus his attention on laundry while Mike does the meal.