Scenario: a Shoe Manufacturer Has Factories in Two Countries, Country

question 66

Multiple Choice

Scenario: A shoe manufacturer has factories in two countries, Country X and Country Y. Shoe manufacturing involves two main tasks-designing the shoe and stitching it. The value added per hour in each activity by workers in the two countries is shown in the table below.

-Refer to the scenario above.The opportunity cost per dollar of value added in stitching shoes by workers in Country X is ________.

• A) $0.25
• B) $0.50
• C) $2
• D) $4

---

Definitions:

Qualifying Exams

Examinations that are designed to test a student's mastery of specific fields of knowledge, often required for advancement in academic settings.

Mary Whiton Calkins

An influential American psychologist and philosopher, remembered as the first woman to serve as president of the American Psychological Association.

Margaret Floy Washburn

Margaret Floy Washburn was an eminent psychologist who was the first woman to earn a Ph.D. in psychology and is known for her work in animal behavior and motor theory development.

Functionalism

is a theory in psychology that considers mental life and behaviour in terms of active adaptation to the person's environment.