Such Products as Mineral Ore and Cement That Are Heavy

question 11

Multiple Choice

Such products as mineral ore and cement that are heavy or bulky relative to their economic values

• A)may be suitable for exporting because high transportation costs will be overcome by high profit margins in oligopolistic industries.
• B)have high "value-to-weight ratios" that protect profit margins.
• C)may not be suitable for exporting because high transportation costs will substantially reduce profit margins.
• D)none of the above

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Definitions:

General Capacity

The overall ability or capability of an individual or organization to perform tasks or roles effectively.

Experience

Is the amount of time the individual has spent working in either a general capacity or a particular field of study.

Psychomotor Ability Test

An assessment designed to evaluate an individual's physical skills and fine motor movements, often used in job screenings where such abilities are critical.

Forceps

A handheld, hinged instrument used for grasping and holding objects, typically used in medical procedures.