Fact Pattern 18-A Refer to the Following Data

question 98

Multiple Choice

Fact Pattern 18-A
Refer to the following data:
Alpha can produce either 18 tons of oranges or 9 tons of apples in a year, while Omega can produce either 16 tons of oranges or 4 tons of apples.
-Refer to Fact Pattern 18-A.The opportunity costs of producing 1 ton of apples for Alpha and Omega, respectively, are:

• A)0.25 tons of oranges; 0.5 tons of oranges.
• B)9 tons of oranges; 4 tons of oranges.
• C)2 tons of oranges; 4 tons of oranges.
• D)4 tons of oranges; 2 tons of oranges.
• E)0.5 tons of oranges; 0.25 tons of oranges.

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Definitions:

Dichotomy

A division or contrast between two things that are presented as entirely different or opposite.

All-Or-None Thinking

A cognitive distortion involving viewing situations in only two categories instead of on a continuum, such as completely right or completely wrong.

Arbitrary Inference

Arbitrary inference is a cognitive distortion where an individual makes a conclusion without supporting evidence or even in the face of contrary evidence.

Negative Bias

The tendency to focus more on negative information or experiences than positive ones.