North Carolina produces sweet potatoes in its rich soil, but does not have the climate to grow oranges well. It is correct to say that North Carolina has a _________sweet potato production relative to Florida.
a. free trade agreement with
b. monopoly on
c. comparative advantage in
d. trade imbalance with
c. comparative advantage in
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Musan just finished presenting an ethics training workshop to the employees of a department at his company. Quite a bit of very important content was imparted, and some of the managers want to know how much the participants will retain. What is likely to be the best and most agreeable way for Musan to test this retention?
a. Give a follow-up web-based exam several weeks after the workshop. b. Request written evaluations of the course by participants a month after the workshop. c. Administer in-person, individual tests that involve a lengthy new bank of fictional ethics scenarios with participants a few weeks after the workshop. d. Hold a group follow-up session with participants a few weeks after the workshop.
The engineer-to-order method ______.
A. offers the highest degree of product customization B. is exemplified by services offered by lawyers C. is similar to make-to-stock D. is usually for high-volume production
Hardin (1968) described the tragedy of the commons as a dilemma arising when the common good does not align perfectly with the good of individual entities
Indicate whether the statement is true or false.
The terms "________" and "values" are often used to mean the same thing, a set of personal principles by which one aims to live one's life.
Fill in the blank(s) with the appropriate word(s).