Dent 'n' Scratch Used Cars and Trucks employs 3 salesmen. Data for their sales last month are shown in this table: Based on last month's data, Ralph's opportunity cost of selling a truck is selling:

Question

Dent 'n' Scratch Used Cars and Trucks employs 3 salesmen. Data for their sales last month are shown in this table:  Based on last month's data, Ralph's opportunity cost of selling a truck is selling:

Quizplus · Accepted Answer

Ralph has to give up selling 4 cars to sell 12 trucks, so his opportunity cost of selling 1 truck is selling 1/4 of a car.

Dent 'N' Scratch Used Cars and Trucks Employs 3 Salesmen