-Look at the Following Production Possibilities Table for Smartphones and Tablets

question 190

Multiple Choice

-Look at the following production possibilities table for smartphones and tablets. The table shows the maximum combination of smartphones and tablets of corn that can be produced, when all resources are fully employed. Production Possibilities
Good A B C D E Based on the above information,

• A)there is no trade-off between smartphones and tablets.
• B)the opportunity cost of producing 30 instead of 20 smartphones is 120 tablets.
• C)the opportunity cost of producing 40 instead of 30 smartphones is 30 tablets.
• D)the opportunity cost of producing 90 instead of 50 tablets is 50 smartphones.

---

Definitions:

Acts of Another

Legal principle referring to the actions of a person that can affect the legal rights or responsibilities of another person.

Twelve-Month Period

A continuous period of twelve months that may be used for measurement or as a condition for certain legal and employment matters.

Family or Medical Leave

Authorized absence from work granted for family or health reasons, typically protected under law to ensure job security.

Fifty Employees

A term often used in legal and regulatory contexts, indicating a threshold number for certain employer obligations and rights.