Solved

-Refer to Table 3-1

Question 3

Multiple Choice

-Refer to Table 3-1. What is the opportunity cost of 1 kg of meat for the rancher? A) 3/4 kg of potatoes B) 4/3 kg of potatoes C) 3 hours of labour D) 4 hours of labour
-Refer to Table 3-1. What is the opportunity cost of 1 kg of meat for the rancher?


A) 3/4 kg of potatoes
B) 4/3 kg of potatoes
C) 3 hours of labour
D) 4 hours of labour

Correct Answer:

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