Table 3-10 Juanita and Shantala Run a Business That Programs and Tests

question 389

Multiple Choice

Table 3-10
Juanita and Shantala run a business that programs and tests cellular phones. Assume that Juanita and Shantala can switch between programming and testing cellular phones at a constant rate. The following table applies.

-Refer to Table 3-10.Juanita's opportunity cost of testing one cellular phone is programming

• A) 0.133 cellular phones and Shantala's opportunity cost of testing one cellular phone is programming 2.5 cellular phones.
• B) 0.133 cellular phones and Shantala's opportunity cost of testing one cellular phone is programming 0.4 cellular phones.
• C) 7.5 cellular phones and Shantala's opportunity cost of testing one cellular phone is programming 2.5 cellular phones.
• D) 7.5 cellular phones and Shantala's opportunity cost of testing one cellular phone is programming 0.4 cellular phones.

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Definitions:

Compliance

The act of conforming to the wishes, demands, or regulations of others, often to fit in with a group or society.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.

Social Preference

The phenomena by which individuals display a greater affinity or liking for some people, objects, or activities over others within a social context.

Reciprocal Concessions

A negotiation strategy where each party makes adjustments to their demands to reach a mutual agreement.