Refer to the Above Diagrams

question 4

Multiple Choice

Refer to the above diagrams.Which of the following is a feasible rate at which X and Y might be exchanged?

• A) 1X for 3Y
• B) 1X for 1.5Y
• C) 1X for 2.5Y
• D) 1X for .5Y Italy can specialize by making 50 units of product X and Greece can specialize by making 60 units of product Y.This is a ratio of 1X to 1.2Y.Therefore,a feasible rate to exchange X and Y is 1X for 1.5Y.

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Definitions:

Manages Diversity

Involves recognizing, embracing, and leveraging the differences in backgrounds, perspectives, and attributes of individuals in a group or organization to enhance its performance.

Workforce Creativity

The capacity of employees within an organization to generate innovative ideas and solutions that can improve performance and drive success.

Knowledge and Skill

The collective information, understanding, and techniques that individuals possess, enabling them to perform tasks effectively in various contexts.

Diversity Education

Educational programs or training focused on increasing awareness and understanding of different cultures, races, genders, and other diversity factors.