Table 3-9 Barb and Jim Run a Business That Sets Up and Up

question 138

Multiple Choice

Table 3-9
Barb and Jim run a business that sets up and tests computers. Assume that Barb and Jim can switch between setting up and testing computers at a constant rate. The following table applies.

-Refer to Table 3-9.Barb's opportunity cost of testing one computer is setting up

• A) 4/5 computer and Jim's opportunity cost of testing one computer is setting up 3/4 computer.
• B) 4/5 computer and Jim's opportunity cost of testing one computer is setting up 4/3 computers.
• C) 5/4 computers and Jim's opportunity cost of testing one computer is setting up 3/4 computer.
• D) 5/4 computers and Jim's opportunity cost of testing one computer is setting up 4/3 computers.

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Definitions:

Policy Change

Modifications or alterations made to existing rules, laws, or regulations.

Low-Income Families

Households earning significantly below the median income of a geographical area, often facing financial stress.

Equitable

Fair or impartial treatment, especially in the context of the distribution of wealth or opportunities.

Voluntary Exchange

A transaction where two parties trade goods or services by mutual agreement and benefit.