Suppose That a Worker in Country a Can Make Either

question 123

Multiple Choice

Suppose that a worker in Country A can make either 15 cars or 5 computers each year. Country A has 1,000 workers. Suppose a worker in Country B can make either 4 cars or 20 computers each year. Country B has 600 workers. _____ has a comparative advantage at producing cars, and _____ has a comparative advantage at producing computers.

• A) Country A; Country B
• B) Country B; Country A
• C) Country A; Country A
• D) Country B; Country B

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Definitions:

5C Model

A framework used in marketing that covers five key areas: Company, Customers, Competitors, Collaborators, and Context.

Compliance

Adherence to laws, regulations, guidelines, and specifications relevant to business operations.

Contribution

The act of providing or supplying something such as effort, knowledge, or resources for a common goal or the betterment of a group, project, or organization.

Costs of Turnover

Expenses associated with an employee leaving a company, including recruitment, training, and lost productivity costs.