Table 2-9 Table 2-9 Shows the Number of Labor Hours Required to of Labor

question 192

Multiple Choice

Table 2-9

Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.What is Guatemala's opportunity cost of producing one sailboat?

• A)1/6 of a canoe
• B)2/3 of a canoe
• C)3 canoes
• D)6 canoes

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Definitions:

Delegation of Duties

The act of assigning specific responsibilities or tasks to someone else, often within the context of a contract or organizational structure, while retaining ultimate accountability.

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The act of assigning responsibility and authority for specific tasks or functions from one person or group to another while retaining ultimate responsibility.

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