Use the following scenario to answer the following questions:
Natasha can produce either 5,000 pounds of cheese or 20 houses per year.Jameson can produce either 5,000 pounds of cheese or 10 houses per year.
-Jameson's opportunity cost of producing one pound of cheese is ________ house(s) .
A) 1/500 of a
B) 1/250 of a
C) 1/10 of a
D) 250
E) 500
Correct Answer:
Verified
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