Table 3.3 -Consider Two Individuals, Nigel and Mia, Who Produce Hair Pins

question 1

Multiple Choice

Table 3.3

-Consider two individuals, Nigel and Mia, who produce hair pins and bandanas. Nigel's and Mia's hourly productivity are shown in Table 3.3. Nigel's opportunity cost of producing one bandana is

• A) 1/4 of a hair pin.
• B) 2/5 of a hair pin.
• C) 2.5 hair pins.
• D) 4 hair pins.

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Definitions:

Artists

Individuals who create art, such as paintings, sculptures, music, or writing, often using creativity and skill.

Old-Old

Older adults (generally, those over age 75) who suffer from physical, mental, or social deficits.

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Wisdom

The quality of having experience, knowledge, and good judgment.