Suppose That a Worker in Country a Can Make Either

question 109

Multiple Choice

Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year.Country A has 100 workers.Suppose a worker in Country B can make either 2 iPods or 10 tablets each year.Country B has 200 workers.A bundle of goods that Country B could not make would be:

• A) (400 iPods, 250 tablets).
• B) (300 iPods, 500 tablets).
• C) (200 iPods, 750 tablets).
• D) (100 iPods, 1,000 tablets).

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Definitions:

Entity Theorists

Individuals who believe that personal attributes like intelligence or personality are fixed and unchangeable.

Incremental Theorists

Individuals who believe that personal attributes and abilities can be developed or improved through effort and perseverance.

Delaying Gratification

The capacity to withstand the allure of an instant gratification in favor of receiving a reward at a later time.

Temporal Discounting

The tendency to devalue rewards and consequences that happen in the future in favor of immediate gratifications.