menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 3
  4. Exam
    Exam 3: Interdependence and the Gains From Trade
  5. Question
    Table 3-1 -Refer to Table 3-1. What Is the Opportunity Cost of the Opportunity
Solved

Table 3-1 -Refer to Table 3-1. What Is the Opportunity Cost of the Opportunity

Question 34

Question 34

Multiple Choice

Table 3-1
Table 3-1    -Refer to Table 3-1. What is the opportunity cost of 1 kg of potatoes for the Rancher? A) 4 hours of labour. B) 5 hours of labour. C) 5/4 kg of meat. D) 4/5 kg of meat.
-Refer to Table 3-1. What is the opportunity cost of 1 kg of potatoes for the Rancher?


A) 4 hours of labour.
B) 5 hours of labour.
C) 5/4 kg of meat.
D) 4/5 kg of meat.

Correct Answer:

verifed

Verified

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

Related Questions

Q29: If there is no trade, which of

Q30: What is the difference between production possibilities

Q31: Figure 3-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-5

Q32: What is the best reason for people

Q33: The only two countries in the world,

Q35: Suppose that a worker in Cornland can

Q36: Suppose a gardener produces both green beans

Q37: Figure 3-3<br>Ice cream is measured in kilograms.

Q38: On what is trade based?<br>A)absolute advantage.<br>B)comparative advantage.<br>C)production

Q39: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4

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