Suppose an American Worker Can Make 20 Pairs of Shoes

question 6

Multiple Choice

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.A Canadian worker,on the other hand,can produce 10 pairs of shoes or grow 20 apples per day.The opportunity cost of a pair of shoes is __________ for the United States than Canada,so Canada has the ______________ advantage in shoe production.

• A)higher;comparative
• B)lower;comparative
• C)higher;absolute
• D)lower;absolute

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Definitions:

Common Performance Goals

Are shared objectives or targets set by a group aiming to improve or achieve a certain level of performance.

Physical Layout

The arrangement of physical components in a space, such as furniture or machinery, which can affect functionality and efficiency.

Leadership Practices

The actions, behaviors, and strategies that leaders employ to inspire, influence, and guide their teams towards achieving goals.

Offsite Contact

Interaction or communication that takes place outside of the main or usual business premises, often used for informal meetings or team-building activities.