The Data in the Table Below Assumes That with the Same

question 32

Multiple Choice

The data in the table below assumes that with the same quantity of resources,both Australia and Philippines produces food and computers.Australia can make 1,000 computers or 2,000 units of food in a day,and the Philippines can make 200 computers or 1,200 units of food in a day. Table 20.2
- According to Table 20.2,Australia has:

• A)a comparative disadvantage in the production of both food and computers.
• B)a comparative advantage in the production of computers.
• C)a comparative disadvantage in the production of computers.
• D)a comparative advantage in the production of food.
• E)a comparative advantage in the production of both food and computers.

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Definitions:

Personal Competence

An individual's ability to effectively manage and use their own emotions and skills in various situations.

Management By Objectives

A strategic management model that aims to improve the performance of an organization by clearly defining objectives that are agreed to by both management and employees.

Performance Goals

Specific objectives related to an individual's or organization's performance, focusing on outcomes and achievements in a given period.

Higher-order Needs

Needs that go beyond the basic physical requirements, such as the need for esteem, affection, belonging, and self-actualization.