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-Refer to the Above Table

question 290

Multiple Choice

  -Refer to the above table. If opportunity costs are constant, then the opportunity cost of producing good B in country X is ________, and the opportunity cost of producing good B in country Y is ________. A) 1 unit of A; 2 units of A B) 1 unit of A; 0.5 unit of A C) 1 unit of B; 2 units of A D) 1 unit of A; 0.5 unit of B
-Refer to the above table. If opportunity costs are constant, then the opportunity cost of producing good B in country X is ________, and the opportunity cost of producing good B in country Y is ________.


Definitions:

Administrative Expenses

Costs attributed to the general operation of a business, including salaries of executives, office supplies, and utilities, but not including production costs.

Warehouse Supervisor

An individual responsible for overseeing daily operations in a warehouse, including inventory management and personnel supervision.

Raw Materials

The basic materials that are processed or used in the manufacturing of goods, constituting the initial inputs in production.

Direct Costs

Expenses that can be directly traced to producing a specific good or service, such as raw materials and direct labor.

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