Use the Following to Answer Questions

question 168

Multiple Choice

Use the following to answer questions :
Figure: Comparative Advantage
Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and this figure shows each nation's production possibility frontier for the two goods.
-(Figure: Comparative Advantage) Look at the figure Comparative Advantage. The opportunity cost of producing 1 box of oranges for Westland is _____ box(es) of peaches.

• A)1
• B)0.25
• C)4
• D)10

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Definitions:

Assertive

Communicating one's views clearly and respectfully, without infringing on the rights of others, demonstrating confidence and self-assurance.

Cartoonist

An artist who specializes in drawing cartoons, either for entertainment or commentary.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Firm Hiring

The process by which a business identifies, evaluates, and selects candidates for employment opportunities within the organization.