Table 3-4 Assume That the Farmer and the Rancher Can Switch Between

Multiple Choice

Table 3-4
Assume that the farmer and the rancher can switch between producing meat and producing potatoes at a constant rate.

-Refer to Table 3-4.The opportunity cost of 1 pound of potatoes for the rancher is

A) 1/2 pound of meat.
B) 1/2 hour of labor.
C) 2 pounds of meat.
D) 6 hours of labor.