Country a Can Produce 10 Yards of Textiles or 6

question 49

Multiple Choice

Country A can produce 10 yards of textiles or 6 pounds of food per unit of input. Country B can produce 8 yards of textiles or 5 pounds of food per unit of input.

• A)Country A is relatively more efficient than Country B in the production of textiles.
• B)Country B is relatively more efficient than Country A in the production of food.
• C)Country A has an absolute advantage over Country B in the production of food and textiles.
• D)all of the above

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Definitions:

Leadership

The act of guiding, directing, or influencing others within an organization or team towards achieving goals or completing tasks.

Railroads

Land transport routes for trains that provide critical infrastructure for moving people and goods over long distances.

Strategies

Planned actions or policies designed to achieve a major or overall aim and to secure a competitive position in the market.

Airlines

Airlines are companies that provide air transport services for traveling passengers and freight. They utilize a fleet of aircraft to maintain scheduled and non-scheduled flight routes domestically and internationally.