Multiple Choice
Table 3-1
-Refer to Table 3-1.For the cattle farmer, the opportunity cost of one kg of potatoes is:
A) four hours of labour
B) two hours of labour
C) 1/4 kg of meat
D) 4 kg of meat
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q41: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q42: Graph 3-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-1
Q43: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q44: The conclusions of Adam Smith and David
Q46: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q47: If it takes Australian workers fewer hours
Q48: Absolute advantage is found by:<br>A)comparing opportunity costs<br>B)calculating
Q49: Table 3-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|c|}\hline&\text
Q50: Adam Smith:<br>A)wrote An Inquiry into the Nature