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If Ana Devotes All Her Time to Making Fudge, She

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If Ana devotes all her time to making fudge, she can make 3 pounds of fudge an hour, and if she devotes all her time to making toffee, she can make 2 pounds of toffee an hour. If Leo devotes all his time to making fudge, he can make 4 pounds of fudge an hour, and if he devotes all his time to making toffee, he can make 5 pounds of toffee an hour. What is Leo's opportunity cost of making a pound of fudge?


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Large companies that operate and distribute products or services across multiple countries beyond their home base.

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The process in which representatives of workers (union) and the management discuss and agree upon the work terms, wages, and benefits.

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