Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

question 340

Multiple Choice

Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.

-Refer to Table 3-7.Japan's opportunity cost of one airplane is

• A) 1/5 car and Korea's opportunity cost of one airplane is 1/3 car.
• B) 1/5 car and Korea's opportunity cost of one airplane is 3 cars.
• C) 5 cars and Korea's opportunity cost of one airplane is 1/3 car.
• D) 5 cars and Korea's opportunity cost of one airplane is 3 cars.

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Definitions:

Business Strategy

A plan of action designed by an organization to achieve specific goals, outperform competition, and secure long-term success.

Ubiquitin

A small eukaryotic regulatory polypeptide that can be covalently bonded to proteins, targeting the protein for destruction and recycling. Also used to regulate protein activities.

Repressor Proteins

Proteins that bind to specific sequences of DNA to inhibit the transcription of genes, playing a critical role in gene regulation.

Transcription

The method through which the data contained in a DNA strand is replicated into a fresh molecule of messenger RNA (mRNA).