Table 2-11 Table 2-11 Shows the Number of Labor Hours

question 329

Multiple Choice

Table 2-11
Table 2-11 shows the number of labor hours required to produce a digital camera and a pound of wheat in China and South Korea.
-Refer to Table 2-11. If the two countries specialize and trade, who should export digital cameras?

• A) There is no basis for trade between the two countries.
• B) China
• C) South Korea
• D) They should both be importing digital cameras.

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Definitions:

Continuous Schedule

A system or plan that operates or is in effect without interruption, often used in production or service delivery to ensure constant output.

Behaviour

The way in which one acts or conducts oneself, especially towards others, driven by internal or external stimuli.

Immediate Reinforcement

The provision of a reward or penalty right after a specific behavior, to increase the likelihood of that behavior occurring again.

Desirable Behaviour

Actions or conduct that are considered preferable or appropriate within a given social or organizational context.