Table 3-22 Assume That Zimbabwe and Portugal Can Switch Between Producing Toothbrushes

question 28

Multiple Choice

Table 3-22
Assume that Zimbabwe and Portugal can switch between producing toothbrushes and producing hairbrushes at a constant rate.
-Refer to Table 3-22. Portugal has an absolute advantage in the production of

• A)toothbrushes and a comparative advantage in the production of toothbrushes.
• B)toothbrushes and a comparative advantage in the production of hairbrushes.
• C)hairbrushes and a comparative advantage in the production of toothbrushes.
• D)hairbrushes and a comparative advantage in the production of hairbrushes.

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Definitions:

Experiential Hierarchy

The organization of experiences and learnings in a manner where they are structured from the most basic to the most complex.

Low-Involvement Hierarchy

A consumer decision-making process for products or services that are perceived as low risk and have little emotional connection, often involving limited information search and simple evaluation processes.

Behavioural Learning

The process of acquiring new behaviors and knowledge through the interaction with the environment, often involving stimuli and responses.

Emotional Contagion

The phenomenon where emotions can be transferred from one person to another, influencing the moods and behaviors of others.