If Japan Is Twice as Good at Producing Cameras and Three

question 35

True/False

If Japan is twice as good at producing cameras and three times as good at producing TV sets as the United States, Japan is said to have a comparative advantage in TV sets and the United States has a comparative advantage in cameras.

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Definitions:

Motivate Employees

The process of inspiring employees to achieve their best performance by addressing their needs, offering incentives, and creating a supportive work environment.

Absent From Work

The state of not attending one's job or workplace due to various reasons such as illness, personal issues, or other commitments.

Human Capital

The combined abilities, expertise, or abstract assets of people that can generate economic benefit for the individuals, their employers, or their community.

Social Resources

Social Resources are the networks and connections individuals have that can provide support, information, and access to opportunities.