Suppose That a Worker in Country a Can Make Either

question 48

Multiple Choice

Suppose that a worker in Country A can make either 25 bananas or 5 tomatoes each year.Country A has 200 workers.Suppose a worker in Country B can make either 18 bananas or 6 tomatoes each year.Country B has 400 workers.The workers in Country A should specialize in __________________ because they possess the ___________________ in the production of that good.

• A) bananas; comparative advantage
• B) tomatoes; comparative advantage
• C) bananas; absolute advantage
• D) tomatoes; absolute advantage

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Definitions:

Social Value Orientations

Individuals' preferences regarding the distribution of resources and outcomes among others in a society or group.

Group Successes

Achievements or positive outcomes resulting from the collaborative efforts of a team or group.

Soft Tactics

Persuasive strategies that are more gentle or indirect in nature, often involving appeal to emotion or relationship.

Harder Tactics

More forceful or aggressive strategies used to achieve a goal or exert influence.