Multiple Choice
The table below shows that,in one day,Claire can complete either 3 chemistry or 2 biology lab reports,while Sam can complete either 4 chemistry or 3 biology lab reports. TABLE 1- 2
-Refer to Table 1- 2.Which of the following statements about Claire's and Sam's opportunity costs is correct?
A) Sam has a higher opportunity cost for completing 1 biology lab report.
B) Claire has a higher opportunity cost for completing 1 biology lab report.
C) Sam has a lower opportunity cost for completing 1 chemistry lab report.
D) Claire has a higher opportunity cost for completing 1 chemistry lab report.
E) Claire and Sam have equal opportunity costs.
Correct Answer:

Verified
Correct Answer:
Verified
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