Suppose That a Worker in Country a Can Make Either

question 4

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.The opportunity cost of one tomato in Country B is:

• A) 108 bananas.
• B) 18 bananas.
• C) 6 bananas.
• D) 3 bananas.

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Definitions:

Illegal Immigrants

Individuals who enter or reside in a country without the necessary authorization or legal permission from the government.

Minimum Wage Laws

Legislation that sets the lowest hourly rate that can be paid to workers, aimed at ensuring a minimum standard of living.

Net Effect

The overall impact or result after all factors are considered, especially those that might offset each other.

Total Employment

The total number of individuals in an economy who are currently employed and working.