The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 110

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-According to the Heckscher-Ohlin model:

• A)a relatively labor scarce country produces labor intensive goods.
• B)the labor productivity varies across different countries.
• C)the technological advancement varies across countries.
• D)the taste and preference patterns of the consumers are not similar across the countries.
• E)a capital abundant country exports sophisticated, manufactured products.

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Definitions:

Rating Scales

Tools or instruments used to assign a value to a variable or to measure a subject's behavior, feelings, or perceptions along a continuum.

Structured Interviews

An interview technique where all candidates are asked the same set of predetermined questions in the same order.

Halo Error

A bias in performance appraisals that occurs when an evaluator's overall impression of a person influences their judgment about specific qualities.

Employee's Friendliness

The degree to which an employee is approachable, warm, and kind towards coworkers and customers.