The Table Below Shows the Maximum Amount of Bread and Fish

question 91

Multiple Choice

The table below shows the maximum amount of bread and fish that Adam and Bruce can each produce in one hour. According to the numbers in this table,

• A) Bruce has a comparative advantage in fish production.
• B) Adam's opportunity cost of 1 loaf of bread is 2 kilos of fish.
• C) Bruce's opportunity cost of 1 loaf of bread is 4 kilos of fish.
• D) Bruce's opportunity cost of 1 kilo of fish is 1/4 loaves of bread.
• E) Adam has a comparative advantage in fish production.

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Definitions:

Administrative Department

A unit within an organization responsible for managing and providing support services and resources to facilitate operational activities.

Custodial Department

A division or department within an organization responsible for cleaning, maintenance, and upkeep of facilities.

Direct Method

A method of allocating service department costs directly to production departments without any intermediate allocation steps.

Personnel Department

is the department within an organization responsible for hiring, training, and managing employees, as well as dealing with personnel-related issues.