Suppose there exist two imaginary countries, Glacier and Sequoia. Their labor forces are each capable of supplying four million hours per week that can be used to produce almonds, shorts, or some combination of the two. The following table shows the amount of almonds or shorts that can be produced by one hour of labor. Almonds Country (Pounds per hour of labor) Glacier 5 Sequoia 4 Shorts (Pairs per hour of labor) 10 16 Suppose that initially Glacier uses 1 million hours of labor per week to produce almonds and 3 million hours per week to produce shorts, while Sequoia uses 3 million hours of labor per week to produce almonds and 1 million hours per week to produce shorts. As a result, Glacier produces 5 million pounds of almonds and 30 million pairs of shorts, and Sequoia produces 12 million pounds of almonds and 16 million pairs of shorts. Assume there are no other countries willing to engage in trade, so, in the absence of trade between these two countries, each country consumes the amount of almonds and shorts it produces. Glacier's opportunity cost of producing 1 pound of almonds is almonds is of shorts. Therefore, comparative advantage in the production of shorts of shorts, and Sequoia's opportunity cost of producing 1 pound of has a comparative advantage in the production of almonds, and has a

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The goal of this activity is to help you better understand how the rational decision-making process applies in a realistic workplace scenario. First, hover over each term or phrase to read the description. Then, click and drag each term or phrase into the correct place in the rational decision-making process. Measuring performance Identify the problem or opportunity Consultants. Inclusive or exclusive Generate alternative. solutions Inclusive or exclusive Consultants Collecting data Evaluate alternatives and Implement and evaluate the solution chosen. select a solution Measuring performance Collecting data Reset 4

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