Suppose That a Worker in Country a Can Make Either

question 77

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.Which of the following is true? The opportunity cost of:

• A)1 iPod in Country A is 2 tablets.
• B)1 tablet in Country A is 2 iPods.
• C)tablets is lower in Country A than Country B.
• D)1 iPod in Country B is 2 tablets.

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Definitions:

Racial/Ethnic Subcultures

These refer to distinctive groups within a society or area, characterized by shared cultural heritage, language, religion, and often racial characteristics, influencing consumption patterns and marketing strategies.

African Americans

A demographic group in the United States consisting of individuals who have ancestry from the black racial groups of Africa.

Homogeneous Divisions

Sections within an organization that possess a uniform structure or composition, especially in terms of operations or workforce.

Stratification

The process of dividing a population or data set into distinct layers or categories based on specific criteria.