Table 3-2 Assume That Aruba and Iceland Can Switch Between Producing Coolers

question 68

Multiple Choice

Table 3-2
Assume that Aruba and Iceland can switch between producing coolers and producing radios at a constant rate.

-Refer to Table 3-2.Aruba's opportunity cost of one cooler is

• A) 0.4 radio and Iceland's opportunity cost of one cooler is 0.25 radio.
• B) 0.4 radio and Iceland's opportunity cost of one cooler is 4 radios.
• C) 2.5 radios and Iceland's opportunity cost of one cooler is 0.25 radio.
• D) 2.5 radios and Iceland's opportunity cost of one cooler is 4 radios.

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Definitions:

Ethnic Diversity

The inclusion or representation of individuals from a variety of cultural, national, racial, and religious backgrounds within a community or organization.

Logical Thought

The process of reasoning consistently and systematically in order to arrive at a conclusion.

Perception

The process by which sensations are organized into an inner representation of the world.

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The regular natural change that occurs in the female reproductive system that makes pregnancy possible.