Betty and Ann Live on a Desert Island

question 36

Multiple Choice

Betty and Ann live on a desert island. With a day's labour, Ann can produce 6 fish or 4 coconuts; Betty can produce 3 fish or 1 coconut. Betty's opportunity cost of producing 1 fish is _______, and she should specialise in the production of _______.

• A) 4 coconuts per fish; fish
• B) 1 coconut per fish; fish
• C) 1/3 coconut per fish; fish
• D) 2/3 coconut per fish; coconuts

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Definitions:

Mutual Respect

The recognition and appreciation of the dignity and worth of another person or group, often resulting in positive social or working relationships.

Ritualistic Respect

The expression of reverence or honor through established, ceremonious practices within a cultural or religious context.

Emics

The locally relevant components of an idea; in cross-cultural psychology, aspects of a phenomenon that are specific to a particular culture.

Etics

The universal components of an idea; in cross-cultural psychology, aspects of a phenomenon that all cultures have in common.