The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 lawns, while Thomas can produce either 6 fishing lures or mow 6 lawns. $$\begin{array}{l}
\begin{array} { | l | l | l | }
\hline & \text { Fishing lures } & \text { Mowed lawns } \
\hline \text { Tristan } & 12 & 3 \
\hline \text { Thomas } & 6 & 6 \
\hline
\end{array}\
\text { TABLE 1- } 1
\end{array}$$
-Refer to Table 1- 1. What is Tristan's opportunity cost of producing one mowed lawn?
A) 4 fishing lures
B) 12 fishing lures
C) 6 fishing lures
D) one fishing lure
E) 3 fishing lures

Question

The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 lawns, while Thomas can produce either 6 fishing lures or mow 6 lawns. $$\begin{array}{l}
\begin{array} { | l | l | l | } 
\hline & \text { Fishing lures } & \text { Mowed lawns } \
\hline \text { Tristan } & 12 & 3 \
\hline \text { Thomas } & 6 & 6 \
\hline
\end{array}\
\text { TABLE 1- } 1
\end{array}$$
-Refer to Table 1- 1. What is Tristan's opportunity cost of producing one mowed lawn?
A) 4 fishing lures
B) 12 fishing lures
C) 6 fishing lures
D) one fishing lure
E) 3 fishing lures

Quizplus · Accepted Answer

Tristan's opportunity cost of mowing one lawn is the number of fishing lures he could have produced instead. Since he can produce 12 fishing lures or mow 3 lawns in a day, the opportunity cost of one lawn is 12/3 = 4 fishing lures.

The Table Below Illustrates That, in One Day, Tristan Can