Suppose an American Worker Can Make 20 Pairs of Shoes

question 74

Multiple Choice

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand, a Canadian worker can produce 10 pairs of shoes or grow 20 apples per day. The opportunity cost for Canada is:

• A) 2 apples for each pair of shoes.
• B) 2 pairs of shoes for each apple.
• C) ½ apple for each pair of shoes.
• D) ½ pair of shoes for every 2 apples.

---

Definitions:

Expert Performance

A high level of skill or knowledge in a particular area that significantly surpasses that of the average person.

Longitudinal Survey

A research design that involves repeated observations of the same variables (such as people) over short or long periods of time to detect changes and developments.

Intelligence Test Scores

Quantitative measures obtained from cognitive tests that assess various mental faculties, including memory, reasoning, and problem-solving skills.

Income

The money received by a person or group for work, from investments, or from various transfer payments.