Considering Figure 1, which of the following would be true?

a. China has more of both labor and capital than the U.S.
b. The U.S. has more of both labor and capital than China.
c. The U.S. is relatively capital abundant and China is relatively labor abundant.
d. The U.S. is relatively labor abundant and China is relatively capital abundant.


c. The U.S. is relatively capital abundant and China is relatively labor abundant.

Business

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Stage 3 of the development is characterized by______ development.

a. high b. outstanding c. moderate d. low

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A _____ is a price reduction offered to buyers buying in multiple units or above a specified dollar amount

a. tradediscount b. cash discount c. seasonal discount d. quantity discount

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