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Michael must pay his way through college. He is a sophomore in high school and currently babysits regularly on the
weekends. He works 15 hours and makes $8.00 an hour. He will be eligible to work at his uncle's restaurant in three
months, and he can work twenty hours a week at $8,50 an hour. Use the PACED decision-process to decide what
Michael's best choice is. Show each step.

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve.has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve.is a lower opportunity cost producer of the good.