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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.


Definitions:

Hierarchical Thinking

A cognitive process that involves organizing concepts or systems in a structured order of ranking or levels of importance.

Deferring Responsibility

The act of postponing or shifting duties and tasks onto someone else, often to avoid accountability.

Acquire Power

The process of gaining authority or influence over others, often through strategic actions, skills, or the accumulation of resources.

Decisions

The results of decision-making processes, often leading to a specific action or strategy.

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