(Table) If Germany decided to produce skirts, what is Germany's opportunity cost? $$\begin{array} { r c c }
& \text { Sweaters } & \text { Skirts } \
\text { Germany } & 6 & 12 \
\text { Greece } & 4 & 20
\end{array}$$

Question

(Table) If Germany decided to produce skirts, what is Germany's opportunity cost? $$\begin{array} { r c c } 
& \text { Sweaters } & \text { Skirts } \
\text { Germany } & 6 & 12 \
\text { Greece } & 4 & 20
\end{array}$$

Quizplus · Accepted Answer

Germany's opportunity cost of producing skirts is the number of sweaters it forgoes. For every 12 skirts, Germany forgoes 6 sweaters, so the opportunity cost of 1 skirt is 6/12 = 0.5 of a sweater.

(Table) If Germany Decided to Produce Skirts, What Is Germany's Sweaters Skirts Germany 612 Greece 420\begin{array} { r c c } & \text { Sweaters } & \text { Skirts } \\\text { Germany } & 6 & 12 \\\text { Greece } & 4 & 20\end{array} Germany Greece ​ Sweaters 64​ Skirts 1220​

(Table) If Germany Decided to Produce Skirts, What Is Germany's $\begin{array} { r c c } & \text { Sweaters } & \text { Skirts } \\\text { Germany } & 6 & 12 \\\text { Greece } & 4 & 20\end{array}$