Table 3-28 Barb and Jim Run a Business That Sets Up and Up

question 280

Multiple Choice

Table 3-28
Barb and Jim run a business that sets up and tests computers. Assume that Barb and Jim can switch between setting up and testing computers at a constant rate. The following table applies.
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-Refer to Table 3-28. Barb's opportunity cost of testing one computer is setting up

• A)4/5 computer and Jim's opportunity cost of testing one computer is setting up 3/4 computer.
• B)4/5 computer and Jim's opportunity cost of testing one computer is setting up 4/3 computers.
• C)5/4 computers and Jim's opportunity cost of testing one computer is setting up 3/4 computer.
• D)5/4 computers and Jim's opportunity cost of testing one computer is setting up 4/3 computers.

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Definitions:

Consequences

The results or outcomes that follow from specific actions, events, or decisions.

Decision-Making Situation

A scenario in which individuals or groups need to select a course of action from among multiple alternatives.

Ethical Issues

Situations or problems requiring a choice between competing sets of principles, where following one set may result in transgressing another.

Altruistic Leader

A leader who prioritizes selflessly the well-being and interests of others above their own, often inspiring loyalty and high morale among followers.