Answer the Question on the Basis of the Following Information

question 16

Multiple Choice

Answer the question on the basis of the following information about the cost ratios for two products-fish (F) and chicken (C) -in countries Singsong and Harmony.Assume that production occurs under conditions of constant costs and these are the only two nations in the world. Singsong: 1F = 2C
Harmony: 1F = 4C
Refer to the given information.In Singsong the domestic real cost of each chicken:

• A) is ½ fish.
• B) is 2 fish.
• C) increases with the level of fish caught.
• D) decreases with the level of fish caught.

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Definitions:

Ethical Leadership

A form of leadership in which individuals demonstrate conduct for the common good that is both ethical and effective.

Long-Term Valuation

Assessing the worth or potential future value of assets, investments, or companies over an extended period.

Profitability

The ability of a company to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.

Transactional Leaders

Leaders who focus on the role of supervision, organization, and group performance; they are concerned with status quo and day-to-day progress toward goals, often employing a reward-punishment system.