Table 7-4
Output Per Hour of Work
Table 7-4 shows the output per hour of work for light bulbs and flash drives in Mexico and in Canada.
-Refer to Table 7-4.
a.Which country has an absolute advantage in the production of light bulbs and flash drives?
b.Which country has a comparative advantage in the production of light bulbs?
c.Which country has a comparative advantage in the production of flash drives?
Definitions:
Undesirable
A characteristic or condition deemed negative, unwanted, or harmful in a particular context.
Subjective
Based on or influenced by personal feelings, tastes, or opinions.
Objective Bases
The foundation or criteria that are independently verifiable and not influenced by personal feelings or opinions.
Work Setting
Refers to the physical and social environment in which individuals perform their job tasks.
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