Hans Can Do 4 Loads of Laundry Per Hour,and He

question 55

Multiple Choice

Hans can do 4 loads of laundry per hour,and he can type 6 pages per hour.Maria can do 12 loads of laundry per hour,and she can type 8 pages per hour.Maria's opportunity cost of typing one page is:

• A)4 loads of laundry.
• B)6 loads of laundry.
• C)3/2 of a load of laundry.
• D)2/3 of a load of laundry.
• E)impossible to compute without additional information.

---

Definitions:

Ownership

The legal right to possess, use, and dispose of something, such as property or intellectual property.

Fairness Doctrine

A former policy of the United States Federal Communications Commission that required the holders of broadcast licenses to present controversial issues of public importance in a manner that was, in the FCC's view, honest, equitable, and balanced.

Supreme Court

The highest federal court in the United States, consisting of nine justices and having jurisdiction over cases of constitutional and federal law.

Red Lion Broadcasting

A landmark Supreme Court case, Red Lion Broadcasting Co. v. FCC (1969), that upheld the Federal Communications Commission's authority to enforce the Fairness Doctrine in broadcasting.