Table 2-10 Table 2-10 Shows the Output Per Month of Month

question 438

Multiple Choice

Table 2-10
Table 2-10 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-10. What is Fred's opportunity cost of making a unicycle?

• A) 1/3 of a pogo stick
• B) 3 pogo sticks
• C) 1/2 of a unicycle
• D) 1.3 pogo sticks

---

Definitions:

Occupational Safety and Health Act

United States legislation aimed at ensuring workplace safety and health standards to prevent worker injuries and illnesses.

Department of Labor

A federal agency responsible for promoting the welfare of job seekers, wage earners, and retirees in the United States by improving working conditions and ensuring employment rights.

Taft-Hartley Act

A 1947 federal law that restricts the activities and powers of labor unions in the United States.

Landrum-Griffin Act

The Landrum-Griffin Act (officially called the Labor Management Reporting and Disclosure Act) focused on eliminating various unethical, illegal, and undemocratic union practices.