The Table Below Shows That,in One Day,Claire Can Complete Either

question 30

Multiple Choice

The table below shows that,in one day,Claire can complete either 3 chemistry or 2 biology lab reports,while Sam can complete either 4 chemistry or 3 biology lab reports. $$\begin{array} { | l | c | l | } \hline & \text { Chemistry Lab Reports } & \text { Biology Lab Rep orts } \\\hline \text { Claire } & 3 & 2 \\\hline \text { Sam } & 4 & 3 \\\hline\end{array}$$ TABLE 1- 2
-Refer to Table 1- 2.What is Sam's opportunity cost of completing 1 chemistry lab report?

• A)3 of a biology lab report
• B)4 of a biology lab report 3
• C)3 of a biology lab report 4
• D)2 of a biology lab report 3
• E)4 of a biology lab report

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Definitions:

Accounts Receivable

Amounts owed to a business by its customers for goods or services delivered but not yet paid for.

Perpetual Inventory System

An accounting method that records inventory transactions in real-time, providing a continuous account of inventory levels.