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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-7 Table 2-7 Shows the Output Per Month of Two People
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Table 2-7 Table 2-7 Shows the Output Per Month of Two People

Question 35

Question 35

Multiple Choice

Table 2-7
Table 2-7     Table 2-7 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles. -Refer to Table 2-7.What is Fred's opportunity cost of making a pogo stick? A) 1/3 of a unicycle B) 3 unicycles C) 6/7 of a pogo stick D) 1/2 of a unicycle
Table 2-7 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2-7.What is Fred's opportunity cost of making a pogo stick?


A) 1/3 of a unicycle
B) 3 unicycles
C) 6/7 of a pogo stick
D) 1/2 of a unicycle

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