Use the Information Below to Answer the Following Questions

question 37

Multiple Choice

Use the information below to answer the following questions.
Fact 2.4.1
In one hour, Sue can produce 50 caps or 10 jackets, and Tessa can produce 70 caps or 7 jackets.
-Refer to Fact 2.4.1. ________ has a comparative advantage in producing caps. If Sue and Tessa each specialize in producing the good in which they have a comparative advantage and trade 1 jacket for 7 caps, ________.

• A)Sue; Tessa gains but Sue loses
• B)Tessa; Sue loses but Tessa gains
• C)Sue; both Sue and Tessa gain
• D)Tessa; both Sue and Tessa gain
• E)Tessa; Tessa loses but Sue gains

Identify and explain the concept of personal analogies.

Recognize the common approaches to conflict de-escalation.

Describe the technique and benefits of "active listening" in negotiations.

Analyze strategies for creating integrative frameworks in negotiations through increasing the number of dimensions.

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Definitions:

Direct Visualization

The act of observing or inspecting something directly, rather than through an intermediary device like a camera or mirror.

Ecological Validity

Ecological validity concerns how well the findings of a research study can be generalized to real-world settings.

Evolutionary Validity

The extent to which findings and theories in psychology are consistent with evolutionary principles and the history of human development.