Multiple Choice
Table 2-9
Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.What is Guatemala's opportunity cost of producing one sailboat?
A) 1/6 of a canoe
B) 2/3 of a canoe
C) 3 canoes
D) 6 canoes
Correct Answer:

Verified
Correct Answer:
Verified
Q187: Table 2-16<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-16
Q188: Table 2-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-7
Q189: Table 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-8
Q190: Suppose your expenses for this term are
Q191: According to the production possibilities model, if
Q193: Table 2-16<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-16
Q194: In a two-good, two country world, if
Q195: Figure 2-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-7
Q196: For a person to have a comparative
Q197: Figure 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-9