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Table 3-6 -Refer to Table 3-6. Which of the Following Is Correct

question 6

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Table 3-6
Table 3-6    -Refer to Table 3-6. Which of the following is correct? A) England has a comparative advantage in bread and Spain has an absolute advantage in cheese. B) England has a comparative advantage in bread and Spain has an absolute advantage in neither good. C) England has a comparative advantage in cheese and Spain has an absolute advantage in both goods. D) England has a comparative advantage in both goods and Spain has an absolute advantage in cheese.
-Refer to Table 3-6. Which of the following is correct?


Definitions:

Prepotent Needs

In Maslow's hierarchy, these are more dominant or pressing needs that must be satisfied before higher-level needs can be addressed.

Climate of Openness

An organizational atmosphere where communication is encouraged, and employees feel comfortable sharing ideas and feedback.

"Useless" Idea

An idea perceived as having no practical value or immediate benefit, though it may have potential for future application or innovation.

Ratio Schedule

A type of reinforcement schedule in behavioral psychology where a response is reinforced only after a specified number of responses, often used in training and behavior modification.

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