Table 2-20 Table 2-20 Shows the Number of Labor Hours

question 18

Multiple Choice

Table 2-20
Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. Japan has a comparative advantage in the production of

• A) rice.
• B) wristwatches.
• C) both products.
• D) neither product.

---

Definitions:

Process

A series of actions, changes, or functions that are intended to achieve a particular result.

Positive Emotions

Feelings that are considered pleasant or desirable, such as happiness, joy, or love.

Job Satisfaction

The degree of satisfaction workers experience regarding their job, influencing their output and general health.

Discrepancy Theory

A theory suggesting that dissatisfaction arises from a gap between an individual's desired and actual states.