Table 2-20 Table 2-20 Shows the Number of Labor Hours

question 63

Multiple Choice

Table 2-20
Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. What is Thailand's opportunity cost of producing one pound of rice?

• A) 60 wristwatches
• B) 20 wristwatches
• C) 5 wristwatches
• D) 0.05 units of a wristwatch

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Definitions:

Divided Consciousness

A psychological state in which one's consciousness is split into distinct components, possibly during hypnosis or multitasking.

Hilgard

Ernest R. Hilgard was a prominent psychologist known for his research on hypnosis and pain control.

Psychoactive Drugs

Substances that affect the mind, mood, or behavior by altering the chemical processes in the brain.

Insomnia

A sleep disorder characterized by difficulty falling asleep, staying asleep, or experiencing restorative sleep, leading to daytime impairment.