Table 2-3 Table 2-3 Shows the Output Per Week of Two Jewelers

question 61

Multiple Choice

Table 2-3

Table 2-3 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2-3.Which of the following statements is true?

• A) Haley has a comparative advantage in making both products.
• B) Serena has a comparative advantage in making both products.
• C) Haley has a comparative advantage in making bracelets and Serena in making necklaces.
• D) Haley has a comparative advantage in making necklaces and Serena in making bracelets.

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Definitions:

Transformational Perspective

An approach that emphasizes the ongoing, dynamic process of change, innovation, and evolution in organizations, individuals, or societies.

Charismatic Leadership

A leadership style characterized by the leader's ability to inspire and motivate followers through personal charm and persuasion.

Transformational Leadership

Leadership approach that causes change in individuals and social systems, enhancing motivation, morale, and performance.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through personal charm and persuasive communication.