Use the Following Scenario to Answer the Questions That Follow

question 71

Multiple Choice

Use the following scenario to answer the questions that follow.
Rosa and Dirk produce basketballs and footballs. Rosa can produce six basketballs per hour or two footballs per hour. Dirk can produce three basketballs per hour or four footballs per hour.
-Based on the scenario,Rosa's opportunity cost of one basketball is ________ football(s) .

• A) 1/3
• B) 1
• C) 6
• D) 4
• E) 8

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Definitions:

Closing

The process of completing a transaction or finalizing accounts at the end of an accounting period.

Push Strategy

A marketing strategy that involves taking the product directly to the customer via whatever means, ensuring the customer is aware of your brand at the point of purchase.