If with One Unit of Labor the U

question 62

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 4 units of software and 4 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:

Positive Organizational Behavior

A study of positive outcomes, processes, and attributes of organizations and their members, that leads to improved workplace performance and employee well-being.

Worker Performance

The efficiency and effectiveness with which an employee performs their job duties and responsibilities.

Competencies

Skills and abilities that enable an individual to perform a particular task or job effectively.

Paradigm Shift

A fundamental change in approach or underlying assumptions in a scientific discipline or other field of study.