The Data in the Table Below Assumes That with the Same

question 32

Multiple Choice

The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers. Australia can make 1,000 computers or 2,000 units of food in a day, and the Philippines can make 200 computers or 1,200 units of food in a day.Table 20.2

-According to Table 20.2, Australia has an:

• A)absolute advantage in the production of only food.
• B)absolute advantage in the production of both food and computers.
• C)absolute disadvantage in the production of both food and computers.
• D)absolute advantage in the production of only computers.
• E)absolute disadvantage in the production of food.

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Definitions:

Virtual Meeting

A meeting conducted over digital platforms allowing participants to interact without the need for physical presence.

Realistic Conferences

Meetings or gatherings that are focused on practical and achievable outcomes, often emphasizing real-world applications and solutions.

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A set of rules and guidelines used to run meetings and handle business in democratic settings, ensuring orderly, fair, and efficient proceedings.

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