Table 1 Shows the Units of Output a Worker Can

question 50

Multiple Choice

Table 1 shows the units of output a worker can produce per month in South Africa and Namibia.
$$\begin{array} { | l | c | c | } \hline & \text { Fond } & \text { Electranics } \\\hline \text { South Africa } & 20 & 5 \\\hline \text { Narmibia } & 8 & 2 \\\hline\end{array}$$
-Refer to Table 1. The opportunity cost of 1 unit of electronics in Namibia is

• A) 4 units of food.
• B) 1/4 units of food.
• C) 2 units of food.
• D) 1/2 of a unit of food.

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Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a favourable or superior business position compared to its competitors.

Adaptive and Flexible

The capacity to adjust and modify one’s behavior or operations in response to changing circumstances or environments.

Rigid

Referring to something that is inflexible or strict, with no room for adjustment or deviation.

Static Organizations

Refer to organizations that maintain stable structures, processes, and strategies over time, resisting change and innovation.