Multiple Choice
Mike and Sandy are two woodworkers who both make tables and chairs. In 1 month, Mike can make 4 tables or 20 chairs, where Sandy can make 6 tables or 18 chairs. What is the opportunity cost of 1 table?
A) 1/5 chair for Mike and 1/3 chair for Sandy.
B) 5 chairs for Mike and 3 chairs for Sandy.
C) 1/3 chair for Mike and 1/5 chair for Sandy.
D) 3 chairs for Mike and 5 chairs for Sandy.
Correct Answer:
Verified
Correct Answer:
Verified
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