menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 3: Interdependence and the Gains from Trade
  5. Question
    Table 3-2 -Refer to Table 3-2.What Is the Opportunity Cost of 1
Solved

Table 3-2 -Refer to Table 3-2.What Is the Opportunity Cost of 1

Question 99

Question 99

Multiple Choice

Table 3-2
Table 3-2    -Refer to Table 3-2.What is the opportunity cost of 1 kilogram of potatoes for the farmer? A) 8 hours of labour B) 2 hours of labour C) 4 kilograms of meat D) 1/4 kilogram of meat
-Refer to Table 3-2.What is the opportunity cost of 1 kilogram of potatoes for the farmer?


A) 8 hours of labour
B) 2 hours of labour
C) 4 kilograms of meat
D) 1/4 kilogram of meat

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: A rancher can produce only hamburgers, while

Q16: Figure 3-3<br>Ice cream and cones are measured

Q36: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table

Q77: For a country producing two goods, the

Q79: Figure 3-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 3-4

Q102: How is absolute advantage found?<br>A) by comparing

Q110: Two countries can achieve gains from trade

Q120: Figure 3-6<br>These figures illustrate the production possibilities

Q137: Gary and Diane must prepare a presentation

Q201: If there is no trade, which of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines