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Answer:
The answer is: E) workers in Alzania have higher productivity due to better education and training.
Explanation:
Alzania and its neighbor both produce cotton and they both have the same amount of workers in the production of cotton. If Alzania is able to produce more cotton (or any type of product) using the same amount of resources (in this case labor) than its neighbor, we can conclude that Alzania does have an absolute advantage in that industry.
This absolute advantage exists because Alzania's workers are more productive than their neighbor's workers.
For example, lets say both countries have 5,000 cotton workers. Alzania produces 100 tons of cotton per worker, while its neighbor only produces 80 tons of cotton per worker. That means Alzania's workers are more productive, and labor usually gains productivity through education or training.
Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".
This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>
This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.
Answer:
Dr. Neil would be very disappointed in you.
Explanation:
He just would.
Evidence based management encourages managers to make facts and logic the foundation of their approach to decision-making.
<h3>What is meant by evidence based management?</h3>
This s the term that has to do with the type of management that is more likely involved with the ability of a person to engage in critical thinking. It is the type of management that lays aside feelings and relies instead on the ability of people to think and come up with facts.
Hence we can ay that Evidence based management encourages managers to make facts and logic the foundation of their approach to decision-making.
Read more on evidence based management here; brainly.com/question/24847839
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