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Smith and Jones Comprise a Two­person Economy

Question 46

Multiple Choice

Smith and Jones comprise a two­person economy.Their hourly rates of production are shown below. Smith and Jones comprise a two­person economy.Their hourly rates of production are shown below.   The opportunity cost of making a calculator for Smith is ______ and for Jones it is ______. A) 0.10 computers; 0.05 computers B) 10 computers; 20 computers C) 1 computer; 0.5 computers D) 0.6 computers; 1.2 computers The opportunity cost of making a calculator for Smith is ______ and for Jones it is ______.


A) 0.10 computers; 0.05 computers
B) 10 computers; 20 computers
C) 1 computer; 0.5 computers
D) 0.6 computers; 1.2 computers

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