Suppose an American Worker Can Make 100 Nets or Catch

question 59

Multiple Choice

Suppose an American worker can make 100 nets or catch 1000 fish per day. On the other hand, a Chilean worker can produce 40 nets or catch 400 fish per day. The United States has a(n) _____ advantage at producing nets, but does not have a(n) _____ advantage at producing fish.

• A) absolute; comparative
• B) comparative; absolute
• C) absolute; absolute
• D) comparative; comparative

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Definitions:

Vehicle Expenses

Costs incurred from the use of a vehicle for business purposes, including gas, repairs, and insurance, which may be deductible.

Leaders

Individuals who guide, influence, or command a group, organization, or country.

Managers

Individuals responsible for planning, organizing, leading, and controlling the work of a group of people to achieve specific goals efficiently and effectively.

Leadership Classifying

The process of categorizing leadership styles or behaviors according to specific criteria or characteristics.