-The Above Table Shows the Number of Pencils or Pens

question 36

Multiple Choice

-The above table shows the number of pencils or pens that could be produced by Don and Bob in an hour. This schedule shows that

• A) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens.
• B) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens.
• C) Don has a comparative advantage in the production of both pencils and pens.
• D) Bob has a comparative advantage in the production of pencils.

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Definitions:

Frequency of Sales Calls

The number of times sales representatives contact prospects or customers within a given period to promote their products or services.

Development Sales Territories

The process of organizing and dividing a geographical area or market into specific segments or territories for more efficient sales management and targeting.

Inefficient

Lacking in effectiveness or the ability to produce a desired outcome without wasting materials, time, or energy.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.