Suppose That a Worker in Country a Can Make Either

question 122

Multiple Choice

Suppose that a worker in Country A can make either 25 bananas or 5 tomatoes each year.Country A has 200 workers.Suppose a worker in Country B can make either 18 bananas or 6 tomatoes each year.Country B has 400 workers.Two possible consumption bundles that Country B could produce are:

• A) (7,200 bananas, 2,400 tomatoes) and (3,600 bananas, 1,200 tomatoes)
• B) (7,200 bananas, 0 tomatoes) and (4,000 bananas, 1,200 tomatoes)
• C) (3,600 bananas, 1,200 tomatoes) and (1,800 bananas, 1,600 tomatoes)
• D) (1,800 bananas, 1,800 tomatoes) and (900 bananas, 2,200 tomatoes)

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Definitions:

Workers' Compensation Costs

Expenses incurred by employers for providing benefits to employees who get injured or sick from their job.

Performance Measure

Indicators or metrics used to evaluate the efficiency, effectiveness, and performance of a company, employee, or process.

Pounds of Waste

The weight of materials or products that are discarded during the production process and not used in the final product.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.