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.
-Refer to Table 1- 1. What is Thomas's opportunity cost of producing one mowed lawn?
A) one fishing lure
B) 1/6 fishing lure
C) 12 fishing lures
D) 0 fishing lures
E) 6 fishing lures
Correct Answer:

Verified
Correct Answer:
Verified
Q11: On a diagram of a production possibilities
Q17: The downward- sloping line in the diagram
Q18: The Canadian economy is best described as<br>A)primarily
Q19: With a budget of $200 million,
Q20: Madeleine allows herself $100 per month for
Q25: A move from inside the production possibilities
Q26: The diagram below shows two production possibilities
Q39: Which countries have mostly public ownership of
Q72: Consider the following list: a worker with
Q74: Money facilitates trade and specialization by<br>A)increasing the