Table 26 Table 26 Shows the Number of Labour Hours Required to Produce

question 94

Multiple Choice

Table 2.6
$$\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { One Digital } \\\text { Camera }\end{array} & \text { Wheat (per kilogram) } \\\hline \text { China } & 100 \text { hours } & 4 \text { hours } \\\hline \text { South Korea } & 60 \text { hours } & 3 \text { hours } \\\hline\end{array}$$ Table 2.6 shows the number of labour hours required to produce a digital camera and a kilogram of wheat in China and South Korea.
-Refer to Table 2.6.What is China's opportunity cost of producing one digital camera?

• A) 0.04 kilogram of wheat
• B) 4 kilograms of wheat
• C) 25 kilograms of wheat
• D) 40 kilograms of wheat

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Definitions:

Altruism

The desire to help another purely for the other person’s benefit, regardless of whether we derive any benefit.

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Video games designed with the purpose of promoting positive social behaviors, such as cooperation, helping, and empathy.

Social Exchange

A theory that suggests human relationships are formed based on a cost-benefit analysis and the principle of reciprocity.

Norm of Reciprocity

A social norm that expects individuals to respond to each other in kind, returning benefits for benefits and responding with either indifference or hostility to harms.