The Table Given Below Shows the Number of Umbrellas and Bushels

question 15

Multiple Choice

The table given below shows the number of umbrellas and bushels of corn produced in the United Kingdom and the Rest of the World per labor hour. The opportunity cost of producing an umbrella in the United Kingdom is _____. $$\begin{array} { l c c } \hline\text { Productivity } & \text { In the United Kingdorn } & \text { In the Rest of the World } \\\hline \text { Umbrellas per labor hour } & 0.25 & 1 \\\text { Bushels of corn per labor hour } & 0.5 & 0.67\\\hline\end{array}$$

• A)2 bushels of corn
• B)3 bushels of corn
• C)3/2 of a bushel of corn
• D)1/3 of a bushel of corn

---

Definitions:

Parent-Sub Merger

is a type of corporate merger where the parent company merges with its subsidiary, resulting in the subsidiary becoming part of the parent company.

Subsidiary's Stock

Shares representing ownership in a company that is owned or controlled by another entity, often referred to as the parent company.

Appraisal Rights

The legal right of a company's minority shareholders to have their shares appraised and to receive monetary compensation in the event of certain corporate actions, like mergers.

Dissenting Shareholders

Shareholders who do not agree with certain corporate actions, such as mergers or acquisitions, and are legally entitled to be bought out by the corporation under specific conditions.