Using Figure 35

question 45

Multiple Choice

Using Figure 35.2, the opportunity cost of producing 1 pair of golf shoes in the United States is

• A) Less than the opportunity cost in Mexico.
• B) 2 baseballs.
• C) 1/3 of a baseball.
• D) 3 baseballs.

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Definitions:

Natural Talent

Inherent ability or aptitude in a particular activity or field without the need for prior learning or training.

Goal-related Tasks

Actions or activities specifically designed or undertaken to achieve a particular goal or objective.

Competent

Competent describes an individual or entity as being sufficiently skilled, knowledgeable, or capable in a particular area or task.

Job Satisfaction

A measure of how content an individual is with his or her job, encompassing various factors like work environment, compensation, and personal fulfillment.