Suppose That Workers in Transylvania Can Produce Only Two Goods

question 29

Multiple Choice

Suppose that workers in Transylvania can produce only two goods -- yo-yos or sweatsocks.The Transylvanian currency is the daler.In what unit is the opportunity cost of yo-yos measured?

• A)dalers
• B)dalers per yo-yo
• C)dalers per sweatsock
• D)yo-yos
• E)sweatsocks

---

Definitions:

Management Resources

Assets, both human and material, that are utilized in the planning, directing, and controlling of an organization.

Future Worth

The projected value of an investment or project, typically calculated using estimates of future cash flows and discount rates.

Carbonated Soft Drinks

Beverages that are fizzy due to carbon dioxide being dissolved under pressure, including sodas and fizzy waters.

Product Life Cycle

The series of stages a product goes through from introduction and growth to maturity and decline, influencing marketing and production strategies.