The Data in the Table Below Assumes That with the Same

question 78

Multiple Choice

The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers. Australia can make 1,000 computers or 2,000 units of food in a day, and the Philippines can make 200 computers or 1,200 units of food in a day.Table 20.2

-According to Table 20.2, what is the opportunity cost of 1 computer in Australia?

• A)Half a unit of food
• B)One-sixth of a unit of food
• C)1 unit of food
• D)6 units of food
• E)2 units of food

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Definitions:

Bottom-up

An approach or process that starts at the lowest or most basic level and progresses upwards, often encouraging participation and input from all levels of a hierarchy.

Psychological Size

A concept related to the perceived power or influence one individual has over another, often influencing social dynamics and interactions.

Genuine Interest

A sincere and deep level of engagement or curiosity in a particular subject, activity, or person, often leading to intrinsic motivation and enjoyment in related tasks.

Psychological Size

A term which is not commonly used in standard references and might be speculative or context-specific. NO.