In the Table Above, Jill's Opportunity Cost for 1 Kilogram

question 11

Multiple Choice

In the table above, Jill's opportunity cost for 1 kilogram of food is ________ and her opportunity cost for 1 kilogram of clothing is ________.

• A) 1/2 of a kilogram of clothing; 2 kilograms of food
• B) 1 kilogram of food; 1 kilogram of clothing
• C) 1 kilogram of clothing; 4 kilograms of food
• D) 2 kilograms of clothing; 2 kilograms of food
• E) 1/3 of a kilogram of clothing; 3 kilograms of food

---

Definitions:

Public Announcement

A statement or declaration made to the general public, often by a company or government entity, regarding important information.

Merger

The combination of two or more companies into a single entity, typically involving the absorption of one by the other.

Securities Act of 1933

A United States federal law enacted as a result of the stock market crash of 1929, requiring that securities sold in the United States be registered and that investors receive significant information about securities being offered.

Due Diligence Defense

A legal defense used in securities law, indicating that the defendants conducted a thorough investigation and did not find any misrepresentations or omissions.