Table 3-3 -Refer to Table 3-3

question 43

Multiple Choice

Table 3-3
$\begin{array}{|l|c|c|c|c|}\hline&\text { Hours needed to make one unit of: }&&\text { Amount produced in } 2400 \text { hours: }\\\hline & \text { Cars } & \text { Aeroplanes } & \text { Cars } & \text { Aeroplanes } \\\hline \text { US } & 40 & 160 & 60 & 15 \\\hline \text { Europe } & 50 & 150 & 48 & 16 \\\hline\end{array}$
-Refer to Table 3-3.If the US and Europe trade according to the principle of comparative advantage:

• A)the US will export cars and Europe will export aeroplanes
• B)the US will export aeroplanes and Europe will export cars
• C)the US will export cars and Europe will export cars
• D)the US will export aeroplanes and Europe will export aeroplanes

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Definitions:

Standard Deviation

A measure in statistics that indicates the dispersion or variability of a set of numerical data relative to its mean.

Project Manager

A professional responsible for planning, executing, and closing projects, while managing the team and resources.

Temporary

Something that is not permanent and is intended or expected to last for a limited time.

Quality Failures

Occurrences when a product or service does not meet the established standards of quality.