Suppose That a Worker in Country a Can Make Either

question 82

Multiple Choice

Suppose that a worker in Country A can make either 30 cars or 15 computers each year. Country A has 1,000 workers. Suppose a worker in Country B can make either 60 cars or 20 computers each year. Country B has 600 workers. _____ has the 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:

Corporate Obligation

Refers to the legal and ethical responsibilities that a corporation has towards its stakeholders, including employees, customers, shareholders, and the community.

Separate And Apart

A legal term often used in divorce proceedings, indicating spouses are living physically apart and leading separate lives.

Joint And Several

A legal term referring to the liability shared by two or more parties, where each party is individually responsible for the entire obligation, as well as collectively with the others.

Corporate Veil

A legal concept that separates the personal liability of shareholders and officers from that of the corporation itself.