Solved

-Refer to the Above Table

Question 311

Multiple Choice

  -Refer to the above table. Assuming that opportunity costs are constant, the opportunity cost of producing a computer in the United States is equal to ________, and the opportunity cost of producing a computer in Mexico is ________. A) 4 bicycles; 0.5 bicycles B) 0.25 bicycle; 2 bicycles C) 2.67 computers; 0.33 bicycles D) 0.375 bicycle; 3 computers
-Refer to the above table. Assuming that opportunity costs are constant, the opportunity cost of producing a computer in the United States is equal to ________, and the opportunity cost of producing a computer in Mexico is ________.


A) 4 bicycles; 0.5 bicycles
B) 0.25 bicycle; 2 bicycles
C) 2.67 computers; 0.33 bicycles
D) 0.375 bicycle; 3 computers

Correct Answer:

verifed

Verified

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

Related Questions