-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:

Accepted Insiders

Individuals or groups within an organization or community who are recognized and welcomed due to their status, contribution, or involvement.

Outsiders

Individuals who are not part of a specific group or organization, often viewed from the perspective of those within the group.

Effectiveness

The degree to which something is successful in producing a desired result or outcome.

Speedy Transport

refers to the rapid movement of goods or individuals from one location to another, often emphasizing efficiency and minimal delay.