Figure 34-5 ​

question 62

Multiple Choice

Figure 34-5
​
-From the graph in Figure 34-5 (curves show output per unit of labor input) , one can infer that

• A)Japan has an absolute advantage in TVs and computers, but a comparative advantage only in TVs.
• B)Japan has only a comparative advantage in TVs.
• C)Japan has an absolute advantage in both TVs and computers, but a comparative advantage only in computers.
• D)China has a comparative advantage in computers.

---

Definitions:

Prosecutions

refers to the legal process of charging someone with a crime and conducting a trial to determine guilt.

Convictions

Firmly held beliefs or opinions, or the formal declaration that someone is guilty of a criminal offense made by the verdict of a jury or the decision of a judge in a court of law.

White-collar Crimes

Non-violent crimes committed by individuals or corporations in the course of their professional lives, often involving financial fraud or corruption.

Lower Classes

A category of individuals in a society who are economically, socially, and culturally less privileged than others.