Table 3-23 Assume That the Farmer and the Rancher Can Switch Between

Multiple Choice

Table 3-23
Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate.
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-Refer to Table 3-23. The opportunity cost of 1 pound of pork for the rancher is

A) 1 pound of tomatoes.
B) 1 hour of labor.
C) 1.5 pounds of tomatoes.
D) 1.5 hours of labor.