Multiple Choice
Table 2-14
Table 2-14 shows the number of labor hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2-14. What is Scotland's opportunity cost of producing one guitar?
A) 0.25 motorcycles
B) 4 motorcycles
C) 12 motorcycles
D) 16 motorcycles
Correct Answer:

Verified
Correct Answer:
Verified
Q69: Suppose your expenses for this term are
Q103: Figure 2-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-5
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Q210: Figure 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-2
Q301: Figure 2-13 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 2-13
Q303: Figure 2-8 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 2-8
Q309: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 2-2
Q310: Table 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Table 2-9
Q311: Table 2-17<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Table 2-17