Table 3-2 Assume That Aruba and Iceland Can Switch Between Producing Coolers

question 86

Multiple Choice

Table 3-2
Assume that Aruba and Iceland can switch between producing coolers and producing radios at a constant rate.
-Refer to Table 3-2. Assume that Aruba and Iceland each has 80 labor hours available. Originally, each country divided its time equally between the production of coolers and radios. Now, each country spends all its time producing the good in which it has a comparative advantage. As a result, the total output of coolers increased by

• A) 20.
• B) 40.
• C) 60.
• D) 80.

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Definitions:

Assertiveness

The quality of being self-assured and confident without being aggressive, a key communication skill in negotiations and leadership.

Ingratiation

A social influence strategy used by an individual to gain favor or acceptance by others through flattery or a display of agreeableness.

Inspirational Appeals

Inspirational appeals involve influencing others by arousing enthusiasm or emotions, typically by appealing to their values, ideals, or aspirations, as part of a persuasive communication strategy.

Consultation

The offer of participation or consultation in the decision-making process.