Table 171 -Refer to Table 17

question 149

Multiple Choice

Table 17.1
$$\begin{array}{l}\text { Table } 17.1\\\begin{array} { | c | c | c | c | } \hline{ \text { Cambria } } & & { \text { Bodoni } } \\\hline \begin{array} { c } \text { Tons of rice per } \\\text { day }\end{array} & \text { T-shirts per day } & \begin{array} { c } \text { Tons of rice per } \\\text { day }\end{array} & \text { T-shirts per day } \\\hline 20 & 0 & 100 & 0 \\\hline 18 & 80 & 90 & 100 \\\hline 16 & 160 & 80 & 200 \\\hline 14 & 240 & 70 & 300 \\\hline 12 & 320 & 60 & 400 \\\hline 10 & 400 & 50 & 500 \\\hline 8 & 480 & 40 & 600 \\\hline 6 & 560 & 30 & 700 \\\hline 4 & 640 & 20 & 800 \\\hline 2 & 720 & 10 & 900 \\\hline 0 & 800 & 0 & 1,000 \\\hline\end{array}\end{array}$$
-Refer to Table 17.1, which shows per-day production data of rice and T-shirts for two countries, Cambria and Bodoni. Based on the table, it can be said that the opportunity cost of 1 T-shirt in Bodoni is _____

• A) 0.9 tons of rice.
• B) 0.5 tons of rice.
• C) 0.75 tons of rice.
• D) 0.01 tons of rice.
• E) 0.02 tons of rice.

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Definitions:

Standard Normal Random Variable

A normal distribution with a mean of 0 and standard deviation of 1, used as a reference to determine probabilities for normal distributions.

Negative Value

A value less than zero, representing quantities opposite in direction or position to a reference point.

Z-score

A measurement of how many standard deviations a data point is from the mean of a data set.

Position

In a general sense, the location or placement of an object or entity; in data analysis, it might refer to the rank or order of a data point within a dataset.