Use the Following Scenario to Answer Thefollowing Questions

question 111

Multiple Choice

Use the following scenario to answer thefollowing questions:
An economy has two workers,Smith and Ricardo.Each day they work,Smith can produce 4 computers or 16 smartphones,and Ricardo can produce 6 computers or 12 smartphones.
-The opportunity cost for Ricardo to produce one smartphone is ________ computer(s) .

• A) one-quarter of a
• B) one-half of a
• C) one
• D) two
• E) four

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Definitions:

Arms

Limbs attached at the shoulder on the human body, primarily used for manual tasks and movement.

Rational Consideration

Thoughtful and reasonable evaluation or contemplation of something.

Social Justice

The pursuit of equality and fairness within society, particularly regarding the distribution of wealth, opportunities, and privileges.

Moral Guide

A set of principles or values that influence an individual's choices and behaviors, often based on societal, cultural, or personal beliefs.