Suppose That a Worker in Country a Can Make Either

question 42

Multiple Choice

Suppose that a worker in Country A can make either 15 cars or 5 computers each year. Country A has 1,000 workers. Suppose a worker in Country B can make either 4 cars or 20 computers each year. Country B has 600 workers. A bundle of goods that Country B could potentially make would be:

• A) (2,400 cars, 12,000 computers).
• B) (2,400 cars, 4,000 computers).
• C) (1,400 cars, 6,000 computers).
• D) (1,200 cars, 6,000 computers).

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Definitions:

Metacognition

Our ability to understand and be aware of how we think and the processes we use to think.

Self-efficacy

An individual's belief in their own ability to complete tasks and achieve goals.

Fixed Mindset

A belief that a person's abilities, intelligence, and talents are fixed traits, leading to a reluctance to challenge oneself or learn from failures.

Growth Mindset

The belief that abilities and intelligence can be developed through dedication, hard work, and learning from failure.