The Table Below Illustrates That,in One Day,Tristan Can Produce Either

question 40

Multiple Choice

The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns. $$\begin{array} { | l | c | c | } \hline & \text { Fishing Lures } & \text { Mowed Lawns } \\\hline \text { Tristan } & 12 & 3 \\\hline \text { Thomas } & 6 & 6 \\\hline\end{array}$$ TABLE 1- 1
-Refer to Table 1- 1.Which of the following statements about Tristan's and Thomas's opportunity costs is correct?

• A)Tristan has a higher opportunity cost of producing mowed lawns.
• B)Tristan has a higher opportunity cost of producing fishing lures.
• C)Thomas has a higher opportunity cost of producing mowed lawns.
• D)Thomas has a higher opportunity cost of producing fishing lures.
• E)Both A and D are correct.

---

Definitions:

Unionized Companies

Companies where a workforce is formally represented by a labor union to negotiate wages, benefits, and working conditions.

Grievance Arbitration Process

The procedure by which workplace disputes, such as those over contract interpretation or employee discipline, are resolved through an impartial third-party arbitrator rather than through direct negotiation or litigation.

Problem-solve

The process of identifying a problem, finding sustainable solutions, and implementing them effectively.

Judicial Activity

The actions and decisions made by courts and judges, including ruling on laws, interpreting statutes, and deciding lawsuits.