When a Country Requires Fewer Resources to Produce a Product

question 143

Multiple Choice

When a country requires fewer resources to produce a product than
Other countries, it is said to have a(n) :

• A)absolute advantage in the production of the product.
• B)comparative advantage in the production of the product.
• C)higher opportunity cost of producing the product.
• D)lower opportunity cost of producing the product.

Explain the role of personality in coping with work pressure.

Evaluate the impact of individual differences on work behavior and performance.

Understand the significance of embracing diversity and inclusivity in the workplace.

Understand the concept of disinflation and its occurrence.

---

Definitions:

Regional Land Elevation

The average height of the land surface of a specific area relative to sea level, which can influence climate, vegetation, and human settlement.

Erosion

The process by which natural forces remove soils, rocks, or dissolved material from one location on the Earth's crust, then transport it to another location.

Heating

The process of increasing the temperature of a substance or space, which can lead to changes in state, reactions or expansions.

Crust

The outermost layer of the Earth, comprising continental and oceanic crust and characterized by a composition distinct from the underlying mantle.