Table 3.2
-Consider two individuals, Rose and Sharon, who produce fish and coconuts. Rose and Sharon's hourly productivity are shown in Table 3.2. Rose's opportunity cost of producing 1 fish is:
A) 1 1/2 coconuts.
B) 6 coconuts.
C) 3 coconuts.
D) 1/3 coconut.

Question

Table 3.2
-Consider two individuals, Rose and Sharon, who produce fish and coconuts. Rose and Sharon's hourly productivity are shown in Table 3.2. Rose's opportunity cost of producing 1 fish is:
A) 1 1/2 coconuts. 
B) 6 coconuts. 
C) 3 coconuts. 
D) 1/3 coconut.

Quizplus · Accepted Answer

Rose's hourly productivity for fish is 2 and for coconuts is 6. Therefore, the opportunity cost of producing 1 fish for Rose is 3 coconuts (6/2 = 3).

Table 3.2 -Consider Two Individuals, Rose and Sharon, Who Produce Fish and Fish