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Refer to the Table Comparative and Absolute Advantage II

Question 19

Multiple Choice

Refer to the table Comparative and Absolute Advantage II. The table summarizes the amount of baseball bats and bobblehead dolls that can be produced per unit of labor in Stewarton and Colberton. The opportunity cost of producing bats in Stewarton is:
Refer to the table Comparative and Absolute Advantage II. The table summarizes the amount of baseball bats and bobblehead dolls that can be produced per unit of labor in Stewarton and Colberton. The opportunity cost of producing bats in Stewarton is:   A)  one-quarter doll. B)  one-half doll. C)  one doll. D)  four dolls.


A) one-quarter doll.
B) one-half doll.
C) one doll.
D) four dolls.

Correct Answer:

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