-According to the Above Table, Which Assumes That Opportunity Costs

question 12

Multiple Choice

-According to the above table, which assumes that opportunity costs of producing goods X and Y are constant, the opportunity cost of producing one unit of Good X is ________ units of Good Y for Chen and ________ units of Good Y for Holly.

• A) 25; 100
• B) 0.5; 2.5
• C) 2; 0.4
• D) 100; 25

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Definitions:

Displays

Gestures that are used like nonverbal punctuation marks, such as pounding your fist on the table.

Facial Expressions

The movements or positions of the face that convey emotions, intentions, or reactions, serving as a powerful form of nonverbal communication.

Grapevine

A network within the informal organization that communicates incomplete, but usually somewhat accurate information.

Gossip Network

A system through which rumors, informal information, or personal talk is spread within a community or organization.