Reference: Ref 2-8 (Table: Production in the United States and Germany)

question 92

Multiple Choice

Reference: Ref 2-8 (Table: Production in the United States and Germany) According to the table, the opportunity cost of producing one clock in the United States is _________, and the opportunity cost of producing one clock in Germany is _______.

• A) five sofas; nine sofas
• B) 0.4 sofas; 0.33 sofa
• C) five clocks; nine clocks
• D) 2.5 clocks; three clocks

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Definitions:

Video-On-Demand

A distribution system that allows users to access videos without a traditional schedule, offering the ability to view content at any time.

Streaming Sites

Online platforms that allow users to watch or listen to content like movies, TV shows, and music in real-time without the need for downloading.

Home Video

The distribution of video content via DVDs, Blu-rays, or digital downloads for personal use, outside of theatrical or television broadcast.

Turnaround

A term used in business to describe the process of successfully recovering a company or project from a period of poor performance or failure.