Suppose an American Worker Can Make 100 Chairs or Catch

question 69

Multiple Choice

Suppose an American worker can make 100 chairs or catch 1000 fish per day.On the other hand,a Chilean worker can produce 40 chairs or catch 400 fish per day.The United States possesses a(n) _______________ advantage in chair production,but not a(n) ______________ advantage in fish production.

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

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Definitions:

Support Change

Activities and behaviors aimed at facilitating the adoption of new practices, policies, or technologies within an organization.

Direct Costs

Costs that can be directly attributed to the production of specific goods or services, such as materials and labor.

Incongruent Organizational Systems

Describe the lack of alignment or compatibility between various systems within an organization, leading to inefficiencies or conflicts.

Organizational Systems

The complex set of interrelated elements, including structures, processes, and practices, that define how work is conducted within an organization.