Table 2-5 Table 2-5 Shows the Output Per Month of Month

question 166

Multiple Choice

Table 2-5
Table 2-5 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-5.What is Barney's opportunity cost of making a unicycle?

• A) 1/2 of a pogo stick
• B) 2 pogo sticks
• C) 1.75 unicycles
• D) 2.8 pogo sticks

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Definitions:

Abstract Good

denotes the idea of goodness or value that is theoretical and not tied to specific, tangible benefits or outcomes.

Divine Command Theory

A philosophical stance arguing that morality is ultimately based on the commands or character of God.

Moral Decisions

Moral decisions involve choosing actions based on ethical principles and values, considering what is right or wrong, good or bad in a given situation.

Critical Thinkers

Individuals who actively question assumptions, evaluate evidence, and assess conclusions logically.