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Refer to the Table Comparative and Absolute Advantage II

Question 21

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 Colberton 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 Colberton is:   A)  one-half doll. B)  one doll. C)  two dolls. D)  four dolls.


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

Correct Answer:

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