Dave can make a birdhouse in two hours. He can make a bird feeder in two hours. The opportunity cost to Dave of making a birdhouse is 1/2 bird feeder.

Name: Dave can make a birdhouse in two hours. He can make a bird feeder in two hours. The opportunity cost to Dave of making a birdhouse is 1/2 bird feeder.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The opportunity cost to Dave of making a birdhouse is 1 bird feeder, because he could have made a bird feeder in the same two hours it takes to make a birdhouse.

Dave Can Make a Birdhouse in Two Hours