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Table 24 Table 2

question 108

Multiple Choice

Table 2.4 Table 2.4 Table 2.4 shows the output per week of two jewellers, Serena and Haley.They can either devote their time to making bracelets or making necklaces. -Refer to Table 2.4.What is Haley's opportunity cost of making a necklace? A) 3/4 of a bracelet B) 3 bracelets C) 1 1/3 necklaces D) 2 necklaces Table 2.4 shows the output per week of two jewellers, Serena and Haley.They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2.4.What is Haley's opportunity cost of making a necklace?

Definitions:

Dependent Variable

The outcome observed in an experiment, which may change in response to manipulations of the independent variable.

Independent Variable

In experimental and statistical research, the variable that is manipulated or changed to observe its effect on a dependent variable.

Scientific Research Methods

A set of standardized approaches and techniques used to collect, analyze, and interpret data to answer scientific questions or solve problems.

Statistical Manipulations

The process of adjusting or processing data through statistical methods to analyze or draw conclusions.