Suppose That,given the Same Number of Workers,the United States Can

question 61

Multiple Choice

Suppose that,given the same number of workers,the United States can produce five times as many computers or 10 times as many airplanes as Mexico.Which of the following statements is true?

• A) The United States has an absolute advantage in the production of computers, and Mexico has an absolute advantage in the production of airplanes.
• B) The United States has an absolute advantage in the production of airplanes, and Mexico has an absolute advantage in the production of computers.
• C) The United States has an absolute advantage in the production of both airplanes and computers.
• D) Mexico has an absolute advantage in the production of both airplanes and computers.

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Definitions:

Management Development Programs

Structured training and educational initiatives designed to improve the skills, knowledge, and competencies of managers or potential managers within an organization.

Four Components

A broad term that could apply to various contexts, typically referring to the four essential parts or elements of a system, model, or theory.

Leadership Training

Programs or workshops focused on developing the skills necessary for effective leadership and management.

Development

The process of enhancing individual skills, competencies, and knowledge for personal growth or professional advancement.