If Nation a Can Produce 5 Units of Good X

question 19

Multiple Choice

If nation A can produce 5 units of good X or 10 units of good Y and nation B can produce 4 units of good X or 12 units of good Y we can conclude that both nations would gain from trade if nation A sold _____ units of good _____ for one unit of good _____

• A) 0.4; Y; X
• B) 2.5; Y; X
• C) 2.5; X; Y
• D) 0.4; X; Y

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Definitions:

Job Performance Standards

The work performance expected from an employee on a particular job.

Actual Employee Performance

Actual employee performance refers to the real work outputs and achievements of an employee as assessed through observations, outcomes, and evaluations.

Stock Merchandise

The process of purchasing, handling, and displaying inventory in retail.

Job Description

A formal account of an employee's responsibilities, duties, and roles within an organization.