If a Country Wanted to Maximize the Value of Its

question 152

Multiple Choice

If a country wanted to maximize the value of its output, each job should be carried out by the person who:​

• A)​has the highest opportunity cost.
• B)​has a comparative advantage in that activity.
• C)​can complete the particular job most rapidly.
• D)​enjoys that job the least.

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Definitions:

Developed Nations

Countries with a high level of economic development, characterized by high income per capita, advanced technology, and a well-developed infrastructure.

Animals

Multicellular, eukaryotic organisms in the kingdom Animalia that are capable of voluntary movement and sensory reception.

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Parkinson Disease

A neurodegenerative disorder characterized by motor symptoms such as tremors, stiffness, and bradykinesia due to the loss of dopamine-producing neurons.