-Refer to Table 3-2

Question 26

Multiple Choice

-Refer to Table 3-2. What is the opportunity cost of 1 kilogram of potatoes for the farmer?

A) 1 hours of labour
B) 4 hours of labour
C) 1/4 kilogram of meat
D) 4 kilograms of meat

Related Questions

Q21: Figure 3-3<br>Ice cream and cones are measured

Q22: What should a country do if it

Q23: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table

Q24: What are exports?<br>A) limits placed on the

Q25: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table

Q27: How does trade benefit the two parties

Q28: Suppose that a worker in Cornland can

Q29: What is the term for a good

Q30: When can a country's consumption possibilities frontier

Q31: Figure 3-6<br>These figures illustrate the production possibilities