Table 3-9 Barb and Jim Run a Business That Sets Up and Up

question 138

Multiple Choice

Table 3-9
Barb and Jim run a business that sets up and tests computers. Assume that Barb and Jim can switch between setting up and testing computers at a constant rate. The following table applies.

-Refer to Table 3-9.Barb's opportunity cost of testing one computer is setting up

• A) 4/5 computer and Jim's opportunity cost of testing one computer is setting up 3/4 computer.
• B) 4/5 computer and Jim's opportunity cost of testing one computer is setting up 4/3 computers.
• C) 5/4 computers and Jim's opportunity cost of testing one computer is setting up 3/4 computer.
• D) 5/4 computers and Jim's opportunity cost of testing one computer is setting up 4/3 computers.

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience.

Standing to Sue

The legal right to initiate a lawsuit, based on having a sufficient connection to and harm from the law or action challenged to support that party's participation in the case.

Sufficient Stake

The extent of interest or concern one must have in a matter to justify their involvement or legal standing in a case.

Justify

To justify means to provide a logical, moral, or legal reason or explanation that supports an action, decision, or concept.