Use the Following to Answer Questions

question 272

Multiple Choice

Use the following to answer questions :
-(Table: Coffee and Salmon Production Possibilities) Look at the table Coffee and Salmon Production Possibilities. The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good. The opportunity cost of producing 1 unit of coffee for Brazil is:

• A)2 salmon.
• B)0.25 salmon.
• C)1 salmon.
• D)0.5 salmon.

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Definitions:

80/20 Rule

Also known as the Pareto Principle, it is the idea that roughly 80% of effects come from 20% of causes.

Fear of Failure

An apprehension or anxiety about not succeeding or meeting expectations, which can inhibit actions and decisions.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others.

Win-Win Relationships

Situations in which all parties involved gain benefits or satisfaction.