83) Suppose in the United States, the opportunity cost of producing a motor engine is 4 auto bodies. In Canada, the opportunity cost of producing a motor engine is 2 auto bodies. a. What is the opportunity cost of producing an auto body for the United States

Opportunity cost = 0.25 motor engine

Explanation:

Below is the given value:

In the U.S. ,Opportunity cost of 1 motor engine = 4 auto bodies

In the Canada, Opportunity cost 1 motor engine = 2 auto bodies  

Below is the calculation for opportunity cost pf 1 auto body in the U.S.

Opportunity cost = Motor engine / Auto body

Opportunity cost = 1 / 4  

Opportunity cost = 0.25 motor engine

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education