Suppose an American Worker Can Make 100 Nets or Catch

question 149

Multiple Choice

Suppose an American worker can make 100 nets or catch 1,000 fish per day. A Chilean worker, on the other hand, can produce 40 nets or catch 400 fish per day. Which of the following statements is true?

• A) The United States has a comparative advantage at producing nets.
• B) Chile has a comparative advantage at producing nets.
• C) Both the United States and Chile have a comparative advantage at producing nets.
• D) Neither the United States nor Chile has a comparative advantage at producing nets.

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Definitions:

Shoppers Orientations

The attitudes, preferences, and behaviors that consumers exhibit while shopping, influenced by personal, psychological, and social factors.

Interaction Style

Describes the manner in which a person communicates or engages with others, which can vary widely across individuals.

Sales Interactions

These are the exchanges or engagements between sales representatives and potential or existing customers during the process of selling goods or services.

Assertiveness

A communication style and behavior characterized by confidently expressing one’s opinions and needs directly and respectfully.