The Graphs Above Show the Production Possibilities Curves for the U.S.and

question 18

Multiple Choice

The graphs above show the production possibilities curves for the U.S.and Canada,which both produce cars and wheat.
Based on the graphs above,which of the following is true?

• A)The U.S. has an absolute advantage in both goods.
• B)Canada has an absolute advantage in cars.
• C)The U.S. has a comparative advantage in cars.
• D)The U.S. has a comparative advantage in wheat.

Recognize the legal defenses available to employers in age discrimination cases.

Understand the requirements and implications of waivers in the context of age discrimination and workforce reductions.

Know the amendments and acts related to age discrimination and employee benefits.

Understand the criteria for proving age discrimination in employment.

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Definitions:

Incapacitation

A state of being unable to act or make legal decisions due to physical or mental limitations.

Undisclosed Principal

A principal whose existence is not known by a third party. That is, the third party does not know that an agent is acting on behalf of a principal.

Agent

An individual or entity authorized to act on behalf of another (known as the principal) in dealings with third parties, creating a legal relationship called agency.

Authority

The power or right to give orders, make decisions, and enforce obedience, or a person or organization having such power.