Use the Table Below to Answer the Following Questions

question 161

Multiple Choice

use the Table below to answer the following questions :

-Suppose that Solange and Jay-Z could each make either New York-style pizza or Philly cheesesteaks.Given an eight-hour workday,which of the following would permit them to consume outside their respective production possibilities frontiers (PPFs) ?

• A) a decrease in technology
• B) a decrease in resources
• C) specialization and trade
• D) efficient use of all their productive resources
• E) an "Empire State" of mind

---

Definitions:

Facility-Level Costs

These are the costs that are necessary to operate a facility, such as a manufacturing plant or a warehouse, and do not vary significantly with production volume.

Overhead Cost

Expenses related to the ongoing operational costs of running a business that are not directly tied to the production of goods or services.

Traditional Costing System

A costing methodology that allocates overhead costs to products based on a predetermined rate, often using direct labor hours or machine hours as the allocation base.

Activity-Based Costing System

A costing methodology that assigns costs to products or services based on the activities that go into producing them, providing detailed insights into the actual consumption of resources.