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

Question 3

Question 3

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 rancher? A) 4 hours of labour B) 5 hours of labour C) 5/4 pounds of meat D) 4/5 pound of meat
-Refer to Table 3-2.What is the opportunity cost of 1 kilogram of potatoes for the rancher?


A) 4 hours of labour
B) 5 hours of labour
C) 5/4 pounds of meat
D) 4/5 pound of meat

Correct Answer:

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