Suppose That a Worker in Country a Can Make Either

question 47

Multiple Choice

Suppose that a worker in Country A can make either 10 iPhones or 5 iPads each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPhones or 10 iPads each year. Country B has 200 workers. Country B would be using resources efficiently if it was producing:

• A) (200 iPhones, 1,750 iPads).
• B) (200 iPhones, 1,500 iPads).
• C) (200 iPhones, 1,000 iPads).
• D) (200 iPhones, 750 iPads).

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Definitions:

Golf Resort

A specialized leisure facility often combining a hotel and golf courses along with other amenities such as spa services, restaurants, and event spaces.

Acquisition of Assets

The process through which a company buys assets, which could range from tangible assets like equipment to intangible assets like patents.

Hostile Takeover

An acquisition attempt by a company or individual against the wishes of the company's management and board of directors.

Corporate Shell

A legal entity with no significant assets or operations, often used to facilitate business transactions like mergers or to hold assets.