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    Exam 2: Choices and Trade Offs in the Market
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    Table 2.4 Table 2.4 Shows the Output Per Week of Two Jewellers
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Table 2.4 Table 2.4 Shows the Output Per Week of Two Jewellers

Question 161

Question 161

Multiple Choice

Table 2.4
Table 2.4     Table 2.4 shows the output per week of two jewellers, Sabrina and Holly. They can either devote their time to making bracelets or making necklaces. -Refer to Table 2-4. What is Holly's opportunity cost of making a necklace? A) ½ of a bracelet B) 3 bracelets C) 1 1/3 necklaces D) 2 necklaces
Table 2.4 shows the output per week of two jewellers, Sabrina and Holly. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2-4. What is Holly's opportunity cost of making a necklace?


A) ½ of a bracelet
B) 3 bracelets
C) 1 1/3 necklaces
D) 2 necklaces

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