Refer to the Information Provided in Table 20 $\quad$ $\quad$

question 123

Multiple Choice

Refer to the information provided in Table 20.1 below to answer the question(s) that follow.
Table 20.1 $\quad$$\quad$$\quad$$\quad$$\quad$ $\text {Mexico}$$\quad$ $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text {Guatemala}$
$\begin{array}{rrrr} \text {Oranges}& \text {Bananas}& \text {Oranges}& \text {Bananas}\\ \text { bushel/acre}&\text { bushel/acre }&\text { bushel/acre}&\text { bushel/acre }\\\hline 200 & 0 & 50 & 0 \\160 & 40 & 40 & 20 \\120 & 80 & 30 & 40 \\80 & 120 & 20 & 60 \\40 & 160 & 10 & 80 \\0 & 200 & 0 & 100 \\\hline\end{array}$

-Refer to Table 20.1. In Guatemala, the opportunity cost of 1 bushel of oranges is

• A) 1/2 bushel of bananas.
• B) 1 bushels of bananas.
• C) 2 bushels of bananas.
• D) 4 bushels of bananas.

Differentiate between the roles and characteristics of leaders and managers.

Comprehend the essence of vision in leadership and business direction.

Recognize various exit strategies for business owners and their applicability based on the business context.

Understand Maslow's hierarchy of needs and its application in business and management.

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Definitions:

Oxidized

A chemical process where a substance loses electrons or gains oxygen, often resulting in a change in properties like increased rusting in metals or browning in fruits.

Reduced

In chemistry, describes a species that has gained electrons during a reaction, often associated with a decrease in oxidation state.

Neutralization

A chemical reaction in which an acid and a base react quantitatively to form water and a salt.

Reduction-Oxidation

A chemical reaction in which the oxidation states of atoms are changed, typically involving the transfer of electrons.