Using All Available Resources, If a Farmer Can Produce Either

question 154

Multiple Choice

Using all available resources, if a farmer can produce either 65 cantaloupes or 70 watermelons, what is the opportunity cost of 1 cantaloupe to the farmer?

• A) 0.82 watermelons
• B) 1.08 watermelons
• C) 1.50 watermelons
• D) 2.00 watermelons

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Definitions:

Public Policy Tort

A legal wrong that violates established public policy, allowing victims to seek damages in court.

Employment-At-Will

A doctrine followed by most jurisdictions in the United States that says an employer can dismiss an employee at any time for any reason.

Wrongful Discharge

The unjust termination of an employee's contract, typically in violation of legal or contractual terms.

Title VII

Refers to a portion of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, and national origin.