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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-9 Table 2-9 Shows the Output Per Week of Week
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Table 2-9 Table 2-9 Shows the Output Per Week of Week

Question 216

Question 216

Multiple Choice

Table 2-9
Table 2-9    Table 2-9 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces. -Refer to Table 2-9. What is Haley's opportunity cost of making a necklace? A)  3/4 of a bracelet B)  3 bracelets C)  1 1/3 necklaces D)  2 necklaces Table 2-9 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2-9. What is Haley's opportunity cost of making a necklace?


A) 3/4 of a bracelet
B) 3 bracelets
C) 1 1/3 necklaces
D) 2 necklaces

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