Table 11 Shows the Hypothetical Trade-Off Between Different Combinations of Stealth

question 57

Multiple Choice

Table 1.1 shows the hypothetical trade-off between different combinations of Stealth bombers and B-1 bombers that might be produced in a year with the limited U.S.capacity, ceteris paribus.Complete the table by calculating the required opportunity costs for both the B-1 and Stealth bombers.
$\begin{array}{|c|c|c|c|c|}\hline \text { Combination } & \begin{array}{c}\text { Number } \\\text { of Stealth } \\\text { Bombers }\end{array} & \begin{array}{c}\text { Opportunity cost } \\\text { of Stealth } \\\text { Bombers in } \\\text { Terms of B-1s }\end{array} & \begin{array}{c}\text { Number } \\\text { of B-1s }\end{array} & \begin{array}{c}\text { Opportunity } \\\text { Terms of B-1s in } \\\text { Bombers }\end{array} \\\hline \mathrm{S} & 10 & & 0 & \\\hline \mathrm{T} & 9 & & 1 & \\\hline \mathrm{U} & 7 & & 2 & \\\hline \mathrm{V} & 4 & & 3 & \\\hline\end{array}$
Table 1.1
Production Possibilities for Bombers On the basis of your calculations in Table 1.1, you may infer that the law of increasing opportunity costs applies to

• A) Stealth bombers but not to B
• B) B
• C) Both B
• D) Neither B

---

Definitions:

IFAC's Code

The ethical code established by the International Federation of Accountants, which sets standards for professionalism and ethics in accounting.

Ethical Standards

Ethical standards are the principles that guide individuals and organizations in distinguishing between right and wrong behavior, often formalized into a code of conduct.

Professional Conduct

The accepted principles of right and wrong governing the professional activities and behavior of individuals in a specific profession.

Virtual Organisations

Entities that operate primarily through digital interactions, often with team members dispersed geographically.