Assume for Namibia That the Opportunity Cost of Each Hut

question 278

Multiple Choice

Assume for Namibia that the opportunity cost of each hut is 200 bowls.Which of these pairs of points could be on Namibia's production possibilities frontier?

• A) (200 huts, 30,000 bowls) and (150 huts, 35,000 bowls)
• B) (200 huts, 40,000 bowls) and (150 huts, 30,000 bowls)
• C) (300 huts, 50,000 bowl) and (200 huts, 60,000 bowls)
• D) (300 huts, 60,000 bowls) and (200 huts, 80,000 bowls)

Examine the alignment of managers' interests with the owners' interests in an organization.

Explain the concept of Economic Darwinism within the context of business practices.

Discriminate between the roles and functions of management accountants in organizations.

Evaluate external business offers considering capacity, incremental costs, and potential strategic implications.

---

Definitions:

Workers Per Beneficiary

The ratio of active employees contributing to a system (like Social Security) to the number of recipients receiving benefits.

Privately Held Federal Debt

Debt owed by the federal government that is not owned by governmental entities but by private investors, firms, individuals, and foreign governments.

Benefit Payments

Money paid to individuals by the government or insurance schemes, as in the case of unemployment benefits, social security, or disability payments.

Social Security Surplus

Occurs when the income from Social Security contributions exceeds the payouts to beneficiaries.