Figure 18-6 -From the Graph in Figure 18-6, the Opportunity Cost of the Opportunity

question 38

Multiple Choice

Figure 18-6

-From the graph in Figure 18-6, the opportunity cost of a unit of bananas is

• A) 4 units of corn for England; 1/2 unit of corn for Honduras.
• B) 1/4 unit of corn for England; 2 units of bananas in England.
• C) 8 units of corn in England; 3 units of corn in Honduras.
• D) 4 units of corn in England; 12 units of corn in Honduras.

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Definitions:

Survey Results

Survey results are the data and insights gathered from responses to questions posed in a survey.

Indirect Suggestion

A statement by the salesperson recommending that the prospect undertake some action while making it seem that the idea to do so is the prospect’s.

Pallets of Ice Cream

Large, flat transport structures loaded with multiple packages or containers of ice cream, used for efficient handling and storage.

Act Diplomatically

The skill of handling affairs without causing offense, often by being tactful, sensitive, and prudent in communication and decision-making.