Katie and Hugh Are Producing Pies and Jars of Pickles

question 103

Multiple Choice

Katie and Hugh are producing pies and jars of pickles.Katie can produce either 200 jars of pickles or 100 pies per month.Hugh can produce either 800 jars of pickles or 200 pies per month.Which of the following statements is correct?

• A)Katie's opportunity cost of producing 1 jar of pickles is 2 pies.
• B)Hugh's opportunity cost of producing 1 jar of pickles is 4 pies.
• C)Katie's opportunity cost of producing 1 jar of pickles is 1/2 of a pie.
• D)Hugh's opportunity cost of producing 1 pie is 1/4 jar of pickles.
• E)Hugh's and Katie's opportunity costs of producing are the same.

---

Definitions:

Impeached and Convicted

The process and outcome where a public official is charged with misconduct and subsequently found guilty by a legislative body, leading to their removal from office.

Resigned

The act of formally giving up a position or office, often in a professional context.

Died in Office

Refers to officials or leaders who passed away while still holding their elected or appointed positions.

Office of Management

A governmental bureau or department responsible for overseeing the administration and budgeting processes within the public sector, ensuring efficient operation and resources allocation.