Answer: B. The US has an Absolute advantage in both drill and computer production.
Explanation:
United States
Opportunity cost of producing computers = 20/10 = 2 drills
Opportunity cost of producing drills = 10/20 = 0.5 computers
Germany
Opportunity cost of producing computers = 10/2 = 5 drills
Opportunity cost of producing drills = 2/10 = 0.2 computers
The country with a Comparative advantage in producing a good is the one with the lower opportunity cost.
The country with the Absolute advantage is the one that produces more of a good than the other.
The US produces more drills and computers than German so have an Absolute advantage in both.
Plano, Texas is their headquarters.
<span>The temporary assistance for the needy is an example of a
welfare program of the government. TANF is a welfare program of the United
States to provide cash assistance to families who are in need of help. This
program also gives employment to jobless family members.</span>
Answer:
cognitive dissonance theory
Explanation:
Dissonance theory is applicable to all situations that involve attitude change and formation. It is especially applicable to problem-solving and decision-making.
According to the "cognitive dissonance theory", individuals tends to seek consistency to their cognitions that is opinions, thoughts, beliefs, etc.
Cognitive dissonance represents the situations that involve conflicting attitudes, behaviors or beliefs.
In the given context, Chuck had a very strong attitude towards the tuition increase but he started developing a favorable attitude towards tuition increase when he became the student representative. Thus there is a conflict among his attitudes towards the tuition increase.
Hence the answer is --
cognitive dissonance theory
