Table 3-17 US and French Production Opportunities

question 150

Multiple Choice

Table 3-17
US and French Production Opportunities

-Refer to Table 3-17 The opportunity costs for the US and France are as follows:

• A) In the US 1 million gallons of wine costs 1/2 million pounds of cheese and in France 1 million gallons of wine costs 2 million pounds of cheese.
• B) In the US 1 million gallons of wine costs 2 million pounds of cheese and in France 1 million gallons of wine costs 1/2 million pounds of cheese.
• C) In the US 1 million pounds of cheese costs 1/2 million gallons of wine and in France 1 million pounds of cheese costs 2 million gallons of wine.
• D) In the US 1 million pounds of cheese costs 16 million gallons of wine and in France 1 million pounds of cheese costs 8 million gallons of wine.

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Definitions:

Nonverbal Messages

Refers to the communication of feelings, intentions, or information without the use of spoken words, including gestures, facial expressions, and body language.

Communication Process

The series of steps and mechanisms by which information and messages are transmitted and received between senders and receivers.

Channels of Communication

The various paths or mediums through which information, messages, or data are delivered or received, such as email, phone, or face-to-face meetings.

Lines of Communication

Describes the routes through which information flows within an organization, ensuring clarity, efficiency, and effectiveness in messaging.