If Individual X Has Comparative Advantage in Painting and Individual

question 220

Multiple Choice

If individual X has comparative advantage in painting and individual Y has comparative advantage in carpentry, then

• A) individual X must use fewer hours to paint a fence than individual Y.
• B) individual Y will specialize in painting.
• C) there is a lower opportunity cost (expressed in units of carpentry) for individual X to paint than for individual Y to paint.
• D) specialization will not occur, since each does not have a clear absolute advantage.

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Definitions:

Strict Route Designs

Planned and fixed paths or schedules designated for logistics, sales, or service visits to ensure efficiency and coverage.

Frequency of Sales Calls

The number of times sales representatives contact prospects or customers within a given period to promote their products or services.

Development Sales Territories

The process of organizing and dividing a geographical area or market into specific segments or territories for more efficient sales management and targeting.

Inefficient

Lacking in effectiveness or the ability to produce a desired outcome without wasting materials, time, or energy.