Both Mergatroid and the Geebocks Produce Only Gizmos and Widgets

question 194

Multiple Choice

Both Mergatroid and the Geebocks produce only gizmos and widgets. It is possible for Mergatroid to have

• A) an absolute and a comparative advantage in both products.
• B) an absolute but not a comparative advantage in both products.
• C) a comparative but not an absolute advantage in both products.
• D) neither a comparative nor an absolute advantage in both products.

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Definitions:

Staff Units

Specialized groups within an organization that provide support and expertise but do not directly contribute to its main objectives.

Specialized Expertise

Specific knowledge or skills in a particular area or field that sets an individual or group apart.

Appropriate Way

The most suitable or proper method to achieve a specific goal or to handle a situation.

Output Controls

Mechanisms put in place to measure the results of operations or performance to ensure that goals and objectives are met.