Solved

Table 2-7 Table 2-7 Shows the Output Per Month of Two People

Question 188

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 Barney's opportunity cost of making a unicycle? A) 1/2 of a pogo stick B) 2 pogo sticks C) 1.75 unicycles D) 2.8 pogo sticks
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 Barney's opportunity cost of making a unicycle?


A) 1/2 of a pogo stick
B) 2 pogo sticks
C) 1.75 unicycles
D) 2.8 pogo sticks

Correct Answer:

verifed

Verified

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

Related Questions