Table 13 Shows the Hypothetical Trade-Off Between Different Combinations of Brushes

question 18

Multiple Choice

Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X,ceteris paribus.Complete the table by calculating the required opportunity costs for brushes and combs. $\begin{array}{|c|c|c|c|c|c|}\hline \text { Combination } & \begin{array}{c}\text { Number } \\\text { of } \\\text { Brushes }\end{array} & \begin{array}{c}\text { Opportunity Cost } \\\text { of Brushes in } \\\text { Terms } \\\text { of Combs }\end{array} & \begin{array}{c}\text { Number } \\\text { of Combs }\end{array} & \begin{array}{c}\text { Opportunity Cost } \\\text { of Combs in Terms } \\\text { of Brushes }\end{array} \\\hline \text { J } & 0 & & 4 \\\hline \mathrm{K} & 10 & & 3 \\\hline \mathrm{L} & 17 & & 2 \\\hline \mathrm{M} & 21 & & 1 \\\hline \mathrm{N} & 23 & & 0 \\\hline\end{array}$

Table 1.3
Production Possibilities for Brushes and Combs On the basis of your calculations in Table 1.3,in the production range of 1 to 2 combs the opportunity cost of producing 1 more comb in terms of brushes is

• A)4.
• B)1/2.
• C)2/17.
• D)1/7.

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Definitions:

External Leader

A leader who is not part of the organization but influences and guides the team or project from outside the organization.

Headquarters Budget

The financial plan for an organization's main office, allocating resources for its operations, projects, and administrative functions.

Cooperation Theory

A belief in cooperation and collaboration rather than competitiveness as a strategy for building teamwork.

Competition

Competition refers to the rivalry among businesses or individuals for resources, customers, or market share.