Figure 3-2 -Refer to Figure 3-2.Jerry Has an Absolute Advantage in

question 35

Multiple Choice

Figure 3-2

-Refer to Figure 3-2.Jerry has an absolute advantage in

• A)both goods and Ben has a comparative advantage in ice cream.
• B)neither good and Ben has a comparative advantage in cones.
• C)ice cream and Ben has a comparative advantage in ice cream.
• D)ice cream and Ben has a comparative advantage in cones.

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Definitions:

Group Dynamics

The psychological processes involving interactions, behaviors, attitudes, and roles that occur within a group setting.

Synergy

The creation of a whole greater than the sum of its individual parts.

Cohesiveness

The degree to which members are attracted to and motivated to remain part of a team.

Quality Circle

A group of employees who periodically meet to discuss ways of improving work quality.