Multiple Choice
Table 2.8
Table 2.8 shows the number of labour hours required to produce a motorcycle and a guitar in Ireland and Scotland.
-Refer to Table 2.8. What is Ireland's opportunity cost of producing one motorcycle?
A) 0.2 guitar
B) 5 guitars
C) 8 guitars
D) 32 guitars
Correct Answer:

Verified
Correct Answer:
Verified
Q14: "An Inquiry into the Nature and Causes
Q29: Which of the following is a factor
Q50: Suppose there is no unemployment in the
Q115: Specialising in the production of a good
Q117: Table 2.9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3087/.jpg" alt="Table 2.9
Q118: Table 2.1<br>Production choices for Tomaso's Trattoria<br> <img
Q122: Table 2.8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3087/.jpg" alt="Table 2.8
Q124: Each person goes about her daily business
Q171: If a nation changes its laws to
Q445: On a diagram of a production possibility