-Refer to the Above Table

question 184

Multiple Choice

-Refer to the above table. Assuming constant opportunity costs, the opportunity cost of producing a computer in the United States is ________ while the opportunity cost of producing a computer in Mexico is ________.

• A)0.8 bicycle; 2 computers
• B)2.5 computers; 0.25 bicycle
• C)0.5 bicycle; 0.2 bicycle
• D)2 bicycles; 5 bicycles

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Definitions:

Trucks

Motor vehicles designed for transporting cargo, varying in size and capacity, and playing a crucial role in overland freight movement.

Finished Products

Goods that have completed the manufacturing process and are ready for sale to customers.

Materials Handling

The movement, protection, storage, and control of materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal.

Pull Systems

A method of inventory control in which production is based on customer demand rather than forecasted demand, thereby reducing waste in the system.