Multiple Choice
Figure 3-5
These graphs illustrate the production possibilities available for dancing shoes to Fred and Ginger with 40 hours of labour.
-Refer to Figure 3-5. What is the opportunity cost of one pair of tap shoes for Ginger?
A) 1/4 pair of ballet slippers
B) 1/3 pair of ballet slippers
C) 3/4 pair of ballet slippers
D) 4/3 pairs of ballet slippers
Correct Answer:

Verified
Correct Answer:
Verified
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