Jenna would like to work as a computer programmer. while in college, jenna worked in a bookstore, where she eventually moved up to a management position. after college, jenna took an entry-level position on a team of programmers. jenna believes that working at the bookstore was a waste of her time because it did not increase her human capital. evaluate jenna's belief. a jenna is correct; working in a bookstore did not give her skills that can be used in other different fields. b jenna is incorrect; working in the bookstore gave her new and valuable computer-programming skills. c jenna is correct; working in a bookstore did not give her experience related to computer programming. d jenna is incorrect; working in the bookstore gave her the management experience valuable in different fields.

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.