Table 2.6 Table 2.6 Shows the Number of Labour Hours Required to of Labour

question 81

Multiple Choice

Table 2.6

Table 2.6 shows the number of labour hours required to produce a digital camera and a kilo of wheat in China and South Korea.
-Refer to Table 2.6. What is South Korea's opportunity cost of producing 1 kilogram of wheat?

• A)60 digital cameras
• B)20 digital cameras
• C)0.04 units of a digital cameras
• D)0.05 units of a digital camera

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Definitions:

Pay Secrecy

Policies or practices that restrict or prevent employees from sharing information about their salaries or wages with each other.

Distrust

A feeling of doubt about some person or thing's honesty, reliability, or capability.

Canadian Human Rights Act

A federal law prohibiting discrimination.

Red-Circled Employees

Workers whose pay exceeds the maximum of the pay range for their job grade, often as a result of salary adjustments or a change in job structure.