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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Table 2-7 Table 2-7 Shows the Output Per Week of Week
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Table 2-7 Table 2-7 Shows the Output Per Week of Week

Question 217

Question 217

Multiple Choice

Table 2-7
Table 2-7    Table 2-7 shows the output per week of two people,Minnie and Mickey.They can either devote their time to making hats or making umbrellas. -Refer to Table 2-7.What is Mickey's opportunity cost of making an umbrella? A) 1/5 of a hat B) 5 hats C) 10 hats D) 50 hats Table 2-7 shows the output per week of two people,Minnie and Mickey.They can either devote their time to making hats or making umbrellas.
-Refer to Table 2-7.What is Mickey's opportunity cost of making an umbrella?


A) 1/5 of a hat
B) 5 hats
C) 10 hats
D) 50 hats

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