Table 19-11
Output Per Hour Production and Production
of Work

question 391

Multiple Choice

Table 19-11
Output per hour Production and Production
of work Consumption without Trade with Trade
$\begin{array}{|l|c|c|c|c|c|c|}\hline & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } \\\hline \text { Denmark } & 6 & 3 & 900 & 150 & 1,200 & 0 \\\hline \text { Belize } & 1 & 2 & 150 & 100 & 0 & 400 \\\hline\end{array}$ Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 19-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.What is the opportunity cost to produce 1 hat in Denmark?

• A) 1/6 of a clock
• B) 1/2 of a clock
• C) 2 clocks
• D) 6 clocks

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Definitions:

Individual-level Dependent Variables

Variables in research that measure outcomes affecting individuals, such as job performance, satisfaction, or psychological well-being.

OB Research

The study of individual and group behavior in organizational settings through systematic analysis and application of knowledge.

Talent and Potential

The natural aptitude or skill possessed by an individual and their capacity to develop and succeed in certain tasks or to progress in their career.

Counterproductive Work Behaviors

Actions by employees that harm or intend to harm a company and its resources.