-Refer to Table 3-3. What is the opportunity cost of one coat for Courtney?
A) 1/4 sweater
B) 1 sweater
C) 4 sweaters
D) 5 sweaters

Name: -Refer to Table 3-3. What is the opportunity cost of one coat for Courtney? A) 1/4 sweater B) 1 sweater C) 4 sweaters D) 5 sweaters
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Question

-Refer to Table 3-3. What is the opportunity cost of one coat for Courtney?
A) 1/4 sweater 
B) 1 sweater 
C) 4 sweaters 
D) 5 sweaters

Quizplus · Accepted Answer

The opportunity cost of one coat for Courtney is 1/4 sweater because she could have used the same amount of resources to produce 1/4 sweater instead.