If a Nation Has the Lowest Opportunity Cost of Producing

question 91

Multiple Choice

If a nation has the lowest opportunity cost of producing a good, that nation has a(n) ________ in the production of that good.

• A)comparative advantage
• B)absolute advantage
• C)comparative advantage and an absolute advantage
• D)absolute advantage and possibly a comparative advantage

Acknowledge the preferred characteristics of service providers by Latino/a clients.

Describe Latino/a attitudes towards socioeconomic status and mental health.

Compare different perceptions of machismo within and outside the Latino/a community.

Discuss the process and challenges of acculturation among Latino/a Americans and their implications for counseling practices.

---

Definitions:

Newspaper Industry

The sector of the economy involved in the production and distribution of daily or weekly publications containing news, information, and advertising.

Primary Activities

Those business activities related to the production and distribution of the firm’s products and services, thus creating value.

Support Activities

Business activities that do not add value directly to a firm’s product or service under consideration but support the primary activities that do add value.

Add Value

To add value means to enhance or increase the worth of a product or service through additional features, improved quality, or enhancement of some form.