The Data in the Table Below Assumes That with the Same

question 71

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 20.2 According to Table 20.2, what is the opportunity cost of 1 computer in the Philippines?

• A)6 units of food
• B)Three-fifths of a unit of food
• C)One-sixth of a unit of food
• D)2 units of food
• E)1 unit of food

Explain the application of empirical reasoning to predict and control natural phenomena.

Discuss why disproving the null hypothesis doesn’t automatically validate the alternative hypothesis.

Identify the characteristics of a systematic and honest scientific inquiry.

Comprehend the inductive nature of empirical reasoning and its scrutiny in the scientific community.

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Definitions:

Objective Ethics

A philosophical viewpoint asserting that certain acts are inherently right or wrong, independent of human opinion.

Ethical Decisions

Choices made based on moral principles and values, often involving the discernment between right and wrong.

Utility Thinking

A system of thought that focuses the consequences to one person or institution and then weighs the cost against the benefits of performing the action under scrutiny.

Cost-Benefit

An analysis method that compares the anticipated or actual costs of an action to its benefits, aiming to determine its feasibility or value.