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Table 2-12 Table 2-12 Shows the Number of Labor Hours

Question 148

Multiple Choice

Table 2-12
Table 2-12 Table 2-12 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras. -Refer to Table 2-12. What is Guatemala's opportunity cost of producing one sailboat? A) 1/6 of a canoe B) 2/3 of a canoe C) 3 canoes D) 6 canoes Table 2-12 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-12. What is Guatemala's opportunity cost of producing one sailboat?


A) 1/6 of a canoe
B) 2/3 of a canoe
C) 3 canoes
D) 6 canoes

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