Multiple Choice
The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns.
TABLE 1-1
-Refer to Table 1-1.What is Tristan's opportunity cost of producing one mowed lawn?
A) one fishing lure
B) 3 fishing lures
C) 4 fishing lures
D) 6 fishing lures
E) 12 fishing lures
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The table below illustrates that,in one day,Tristan
Q4: The diagram below shows two production possibilities
Q5: The diagram below shows two production possibilities
Q9: The diagram below shows two production possibilities
Q10: Scarcity is likely to be<br>A)a problem that
Q12: Madeleine allows herself $100 per month for
Q13: The downward-sloping line in the diagram below
Q83: Chantal has a full-time job as a
Q107: Suppose there are only three alternatives to
Q115: Katie and Hugh are producing pies and