menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
  5. Question
    Table 2-11 Table 2-11 Shows the Number of Labor Hours Required to of Labor
Solved

Table 2-11 Table 2-11 Shows the Number of Labor Hours Required to of Labor

Question 163

Question 163

Multiple Choice

Table 2-11
Table 2-11     Table 2-11 shows the number of labor hours required to produce a motorcycle and a guitar in Ireland and Scotland. -Refer to Table 2-11.What is Scotland's opportunity cost of producing one motorcycle? A) 0.25 guitar B) 4 guitars C) 12 guitars D) 16 guitars
Table 2-11 shows the number of labor hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2-11.What is Scotland's opportunity cost of producing one motorcycle?


A) 0.25 guitar
B) 4 guitars
C) 12 guitars
D) 16 guitars

Correct Answer:

verifed

Verified

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

Related Questions

Q158: Which of the following is a factor

Q159: Figure 2-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-4

Q160: All of the following countries come close

Q161: If a country produces only two goods,

Q162: Table 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-8

Q164: Table 2-2<br>Production choices for Billie's Bedroom Shop<br>

Q165: Table 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 2-8

Q166: It is possible to have an absolute

Q167: In economics, the term "free market" refers

Q168: Crude oil is not an example of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines