If with One Unit of Labor the U

question 49

Multiple Choice

If with one unit of labor the U.S. can produce 20 units of computer software and 10 units of computer hardware and China can produce 5 units of software and 5 units of hardware then

• A)the United States has a comparative and absolute advantage in both goods.
• B)China has a comparative and absolute advantage in both goods.
• C)the United States has an absolute advantage in both goods.
• D)the United States has a comparative advantage in both goods.

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Definitions:

Network Organization Design

An approach to structuring an organization where coordination and communication rely on informal relationships rather than a formal hierarchy.

Monitor

To regularly observe and check the progress or quality of something over a period of time, ensuring it meets desired standards or objectives.

Quality

The standard of something as measured against other similar things; a degree of excellence.

Network Design Strategy

The planning and structuring of a network, including its technology, topology, and policies, to meet organizational objectives and performance criteria.