Use the Following Scenario to Answer the Next Four Questions

question 47

Multiple Choice

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 hamburger is:

• A) 2/3 hot dog.
• B) 1 hot dog.
• C) 6 hot dogs.
• D) 4 hot dogs.
• E) 8 hot dogs.

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Definitions:

Equivalent

Having equal value, function, or meaning.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Paint

A substance used to add color or texture to surfaces, typically made from pigments suspended in a liquid.

Predicate

In grammar, the part of a sentence that tells what the subject does or is; in logic, the part of a proposition that affirms or denies something about the subject.