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question 7

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Use the following to answer questions:
Figure: Countries A and B Use the following to answer questions: Figure: Countries A and B   -(Figure: Countries A and B)  Refer to the figure regarding countries A and B. If both countries fully allocate all of their labor toward the good in which they have a comparative advantage, the combined production for the two countries would be _______ units of Good X, and _______ units of Good Y. A)  100; 80 B)  70; 90 C)  40; 100 D)  100; 100
-(Figure: Countries A and B) Refer to the figure regarding countries A and B. If both countries fully allocate all of their labor toward the good in which they have a comparative advantage, the combined production for the two countries would be _______ units of Good X, and _______ units of Good Y.


Definitions:

Contingency Variable

An external variable whose variation can influence the relationship between other variables in a study or model.

Task-oriented Leaders

Leaders who focus primarily on the completion of tasks and objectives rather than on the personal needs of team members.

Situational Favourableness

The extent to which a particular situation is perceived as beneficial, opportune, or advantageous.

Situational Favourableness

The degree to which a particular situation or environment is advantageous or beneficial to the goals of a person or group.

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