Table 3-6 -Refer to Table 3-6

question 6

Multiple Choice

Table 3-6 $$\begin{array} { c c c c c } &&& { \text { Labor Hours Needed to } } &&&& { \text { Amount } } \\&&& { \text { Make 1 Pound of } } &&&& \text { Produced in } 40 \text { hours } \\\hline\end{array}$$
$$\begin{array} { c c c c c } & \text { Meat } & \text { Potatoes } & \text { Meat } & \text { Potatoes } \\\hline \text { Farmer A } & 8 \text { hours/pound } & 5 \text { hours/pound } & 5 \text { pounds } & 8 \text { pounds } \\\text { Farmer B } & 4 \text { hours/pound } & 10 \text { hours/pound } & 10 \text { pounds } & 4 \text { pounds }\end{array}$$
-Refer to Table 3-6.For farmer A,the opportunity cost of 1 pound of meat is

• A)0.625 pound of potatoes.
• B)1.6 pounds of potatoes.
• C)5 pounds of potatoes.
• D)8 pounds of potatoes.

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Definitions:

Australia

A continent and sovereign country located in the Southern Hemisphere, known for its diverse ecosystems, unique wildlife, and as a major economic power in the Asia-Pacific region.

Appraising Performance

The systematic evaluation of an employee's job performance and productivity in relation to established criteria and objectives.

International Assignment

A work task or role that requires an employee to relocate to a foreign country for a specified period.

Responsibilities

Duties or tasks that an individual or group is expected to perform within their role or capacity.