Multiple Choice
The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns. TABLE 1- 1
-Refer to Table 1- 1.Which of the following statements about Tristan's and Thomas's opportunity costs is correct?
A) Tristan has a higher opportunity cost of producing mowed lawns.
B) Tristan has a higher opportunity cost of producing fishing lures.
C) Thomas has a higher opportunity cost of producing mowed lawns.
D) Thomas has a higher opportunity cost of producing fishing lures.
E) Both A and D are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q35: A country's production possibilities boundary shows that<br>A)when
Q36: The table below shows that,in one
Q37: In general,which of the following statements is
Q38: The table below illustrates that,in one
Q39: During economic recessions,the opportunity cost of going
Q41: The downward- sloping line in the diagram
Q42: A farmer selling tomatoes and corn at
Q43: The table below shows that,in one
Q44: With reference to the circular flow of
Q45: Which of the following has most contributed