Use the Following Scenario to Answer the Following Questions

question 24

Multiple Choice

Use the following scenario to answer the following questions:
Esther and Ebenezer produce hamburgers and hot dogs.Esther can produce six hamburgers per hour or four hot dogs per hour.Ebenezer can produce three hamburgers per hour or one hot dog per hour.
-Based on the scenario,Esther's opportunity cost of one hot dog is ________ hamburgers.

• A) three
• B) one and a half
• C) six
• D) four
• E) eight

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Definitions:

Fact-Finding Question

A question asked with the intent of gathering factual information or specifics about a topic, often used in research or investigative contexts.

Inductive Reasoning

A method of reasoning in which specific observations or experiences are used to make broad generalizations.

Unwarranted Assumption

A belief taken for granted without sufficient evidence or basis, leading to potential misunderstandings or erroneous conclusions.

Deductive Reasoning

A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.