menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 17
  4. Exam
    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
  5. Question
    Table 2-8 Table 2-8 Shows the Output Per Month of Month
Solved

Table 2-8 Table 2-8 Shows the Output Per Month of Month

Question 12

Question 12

Multiple Choice

Table 2-8
Table 2-8    Table 2-8 shows the output per month of two people,Wilma and Betty.They can either devote their time to making marble statues or making marble benches. -Refer to Table 2-8.What is Wilma's opportunity cost of making a statue? A) 1/3 of a bench B) 3 benches C) 6/7 of a statue D) 1/2 of a bench Table 2-8 shows the output per month of two people,Wilma and Betty.They can either devote their time to making marble statues or making marble benches.
-Refer to Table 2-8.What is Wilma's opportunity cost of making a statue?


A) 1/3 of a bench
B) 3 benches
C) 6/7 of a statue
D) 1/2 of a bench

Correct Answer:

verifed

Verified

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

Related Questions

Q7: Figure 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-4

Q8: Figure 2-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-5

Q9: Figure 2-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-3

Q10: Figure 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-4

Q11: Table 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 2-9

Q13: Which of the following are represented by

Q14: The recession of 2007-2009 would most likely

Q15: When a celebrity has the desire to

Q16: Firms<br>A)have no influence on the circular flow

Q17: A decrease in the unemployment rate may

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