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
    Figure 3-5 -Refer to Figure 3-5. What Is the Opportunity Cost of Opportunity
Solved

Figure 3-5 -Refer to Figure 3-5. What Is the Opportunity Cost of Opportunity

Question 115

Question 115

Multiple Choice

Figure 3-5 Figure 3-5   -Refer to Figure 3-5. What is the opportunity cost of 1 pair of tap shoes for Fred? A) 1/3 pair of ballet slippers. B) 1/5 pair of ballet slippers. C) 3/5 pair of ballet slippers. D) 5/3 pairs of ballet slippers.
-Refer to Figure 3-5. What is the opportunity cost of 1 pair of tap shoes for Fred?


A) 1/3 pair of ballet slippers.
B) 1/5 pair of ballet slippers.
C) 3/5 pair of ballet slippers.
D) 5/3 pairs of ballet slippers.

Correct Answer:

verifed

Verified

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

Related Questions

Q82: Figure 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 3-1

Q110: Mike and Sandy are two woodworkers who

Q111: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4

Q112: For two people who are planning to

Q113: Table 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-5

Q114: Jonathan can make a birdhouse in 3

Q116: Figure 3-3<br>Ice cream is measured in kilograms.

Q117: Table 3-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-2

Q118: Table 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 3-4

Q120: Figure 3-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Figure 3-1

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