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Use the following scenario to answer the next four questions:
Esther and Albert produce hamburgers and hot dogs. Esther can produce six hamburgers per hour or four hot dogs per hour. Albert can produce three hamburgers per hour or one hot dog per hour.
-Based on the scenario,Esther's opportunity cost of one hot dog is:
Bar Charts
A type of graphical display used to represent categorical data with rectangular bars of lengths proportional to the values they represent.
Nominal Data
Data classified into categories that cannot be ordered or ranked.
Proportional Slice
A proportional slice refers to a segment of a whole, such as in a pie chart, where each slice’s size represents its proportion in relation to the total.
Nominal Data
Data that are categorized into distinct groups and names, without any order or ranking.
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