Refer to the Figure Shown, Which Represents the Production Possibilities

question 70

Multiple Choice

Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B Assuming both countries have the same amount of resources available to them, which of the following statements is true? Country A has:

• A) an absolute advantage in the production of cars, and Country B has the absolute advantage in the production of trucks.
• B) an absolute advantage in the production of trucks, and Country B has the absolute advantage in the production of cars.
• C) the absolute advantage in the production of both cars and trucks.
• D) the absolute advantage in neither the production of cars nor trucks.

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Definitions:

Congruence

Congruence relates to the degree of agreement, harmony, or similarity between individual desires, values, or interests and external realities or expectations.

Organization's Members

Individuals who belong to and are actively involved in a particular organization, contributing to its activities and goals.

Congruence

Indicates a state of agreement, harmony, or compatibility between two or more aspects, such as values and actions.

Upward Communication

This refers to the process in which information flows from the lower levels of a hierarchy to the upper levels in an organization.