Solved

Suppose That a Worker in Cornland Can Grow Either 40

Question 65

Multiple Choice

Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 20 bushels of corn or 5 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. What is the opportunity cost of 1 bushel of oats in Cornland?


A) 1/10 bushels of corn
B) 1/4 bushels of corn
C) 4 bushels of corn
D) 10 bushels of corn

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions