Table 2-18 Table 2-18 Shows the Output Per Week of Week

question 213

Multiple Choice

Table 2-18
Table 2-18 shows the output per week of two people, Minnie and Mickey. They can either devote their time to making hats or making umbrellas.
-Refer to Table 2-18. What is Minnie's opportunity cost of making a hat?

• A) 1/5 of an umbrella
• B) 1/4 of an umbrella
• C) 4 umbrellas
• D) 10 umbrellas

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Definitions:

Interactive System

A computer system designed for human interaction, allowing users to directly manipulate graphics, text, or other data on a screen.

Stakeholders

Individuals or groups that have an interest, stake, or investment in a business or project and can affect or be affected by its operations.

Shareholders

Individuals or entities that own shares in a corporation, thereby having an interest in its performance and potential entitlement to dividends.

Employees

Individuals who are hired to perform specific duties in exchange for compensation under the direction and control of an employer.