Table 2.5 Table 2.5 Shows the Output Per Month of Two People

question 143

Multiple Choice

Table 2.5

Table 2.5 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2.5. What is Fred's opportunity cost of making a unicycle?

• A)1/3 pogo stick
• B)3 pogo sticks
• C)1/2 unicycle
• D)1.3 pogo sticks

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Definitions:

Uneven Participation

A situation within a team or group where there is an unequal level of involvement or contribution among members.

Creative Teams

Groups of individuals working together, blending their skills, talents, and perspectives to generate innovative solutions and ideas.

Cross-functional

Involving or relating to several different functions or departments within an organization working together on a common project or towards a common goal.

Operations Team

A group of individuals responsible for overseeing the day-to-day operational functions of a business or organization.