The Table Given Below Represents Butter and Ham Production by Two

question 56

Multiple Choice

The table given below represents butter and ham production by two countries Norway and Sweden.Table 2.5

-According to Table 2.5, Norway has a comparative advantage in the production of _____ and an absolute advantage in the production of _____.

• A)butter and ham; butter
• B)ham; butter
• C)none of the goods; butter
• D)ham; none of the goods
• E)butter; ham

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Definitions:

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Individuals possessing special skills, abilities, or aptitudes that distinguish them in specific areas or disciplines.

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A rephrasing of Self-Managed Teams; it refers to individuals or teams that take responsibility for managing their work and decision-making processes autonomously.

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