The Data in the Table Below Assumes That with the Same

question 55

Multiple Choice

The data in the table below assumes that with the same quantity of resources, both Australia and Philippines produces food and computers.Australia can make 1, 000 computers or 2, 000 units of food in a day, and the Philippines can make 200 computers or 1, 200 units of food in a day. Table 34.2 According to Table 34.2, what is the opportunity cost of 1 computer in Australia?

• A)half a unit of food
• B)one-sixth of a unit of food
• C)1 unit of food
• D)6 units of food
• E)2 units of food

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Definitions:

Suppliers

Entities that provide goods or services to another organization, often playing a critical role in the supply chain.

Resellers

Businesses or individuals that purchase goods or services with the intent to sell them rather than consume or use them.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual, providing a clear direction and purpose.

Sustainability Doctrine

A principle that promotes the development and use of practices that meet current needs without compromising the ability of future generations to meet theirs.