Decide Whether the Given Statement Is Always True or Not $( \mathrm { A } \cup \mathrm { B } ) ^ { \prime } = \mathrm { A } ^ { \prime } \cup \mathrm { B } ^ { \prime }$

question 105

Multiple Choice

Decide whether the given statement is always true or not always true.
- $( \mathrm { A } \cup \mathrm { B } ) ^ { \prime } = \mathrm { A } ^ { \prime } \cup \mathrm { B } ^ { \prime }$

• A) Not always true
• B) Always true

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Definitions:

Productive Resource

An asset or input used in the production of goods and services, such as labor, land, and capital.

Trade Surplus

A Trade Surplus occurs when the value of a country's exports exceeds the value of its imports within a certain period.

Trade Deficit

A situation where a country's imports exceed its exports.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to specialized trade benefits.