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-Two Nations Can Produce Computers and Software in the Amounts

question 59

Essay

  -Two nations can produce computers and software in the amounts given in the table above. Does either nation have an absolute advantage in producing the products? Which nation has a comparative advantage in computers? Which nation has a comparative advantage in software? Explain your answers.
-Two nations can produce computers and software in the amounts given in the table above. Does either nation have an absolute advantage in producing the products? Which nation has a comparative advantage in computers? Which nation has a comparative advantage in software? Explain your answers.


Definitions:

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Organizational Development

A planned effort to increase an organization’s effectiveness and capability through interventions in its processes, structures, and strategies.

Work Activities

Refers to the tasks or responsibilities that are performed by individuals within their job roles, contributing to the goals of the organization.

Telecommuting

Working from home or from a remote location on a computer or other advanced telecommunications that are linked to the office.

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