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Table 3-1 Suppose a Farmer Is Currently Producing 50

Question 184

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Table 3-1 Table 3-1   Suppose a farmer is currently producing 50 bushels of corn and 10 bushels of peanuts. According to Table 3-1, the opportunity cost of 10 additional bushels of peanuts is A)  8 bushels of corn. B)  42 bushels of corn. C)  50 bushels of corn. D)  impossible to determine from the information given. Suppose a farmer is currently producing 50 bushels of corn and 10 bushels of peanuts. According to Table 3-1, the opportunity cost of 10 additional bushels of peanuts is


A) 8 bushels of corn.
B) 42 bushels of corn.
C) 50 bushels of corn.
D) impossible to determine from the information given.

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