4. Determine the opportunity cost for sneakers and smart phones if country X can produce either 70 sneakers and 30 smart phones. 5. Determine the opportunity cost for cabinets and tables if John spends 25
hours to make a cabinet and 20 hours to make a table.
6. If country Y needs to use 100 acres of land to produce 100 bushels of oranges and uses 80 acres to produce 100 bushels of lemons, determine the opportunity cost of each item.

How is the division of labor accomplished?

Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.