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    Macroeconomics Study Set 40
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    Exam 2: The Economic Problem
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    Suppose That in an Hour Joe Can Prepare 10 Sandwiches
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Suppose That in an Hour Joe Can Prepare 10 Sandwiches

Question 44

Question 44

Multiple Choice

Suppose that in an hour Joe can prepare 10 sandwiches or 5 pizzas. The opportunity cost of Joe producing one sandwich is


A) 2 pizzas.
B) 1 pizza.
C) 1/2 pizza.
D) 5 pizzas.

Correct Answer:

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