The Table Below Illustrates That,in One Day,Tristan Can Produce Either

question 3

Multiple Choice

The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns.
TABLE 1-1
-Refer to Table 1-1.What is Thomas's opportunity cost of producing one fishing lure?

• A)5 lures
• B)1 mowed lawn
• C)1/6 of a lure
• D)1/6 of a mowed lawn
• E)there is no opportunity cost

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Definitions:

Organizational Theorists

Scholars who study and analyze the structure, behavior, and dynamics of organizations.

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Refers to organizational design or structure that is hierarchical and bureaucratic, focused on efficiency, preciseness, and reliability through rules and established procedures.

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