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    Exam 2: The Economic Problem
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    Abe Can Catch 15 Pounds of Fish an Hour or Pick
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Abe Can Catch 15 Pounds of Fish an Hour or Pick

Question 120

Question 120

Multiple Choice

Abe can catch 15 pounds of fish an hour or pick 30 pounds of fruit an hour. He works an 8-hour day, spending 5 hours picking fruit and 3 hours catching fish. Calculate Abe's opportunity cost of a pound of fruit.


A) 6 minutes
B) 3 hours a day
C) 2 pounds of fish
D) 0.5 pounds of fish

Correct Answer:

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