Table 9-5
Madison and Austin own Cafe Ole'. Table 9-5 lists the number of empanadas and tacos Madison and Austin can each make in one hour.
-Refer to Table 9-5. Select the statement that accurately interprets the data in the table.
A) Madison has a greater opportunity cost than Austin for making tacos.
B) Madison's opportunity cost for making tacos is less than Austin's.
C) Austin has a greater opportunity cost than Madison for making empanadas.
D) Austin's opportunity cost for making tacos and making empanadas are both greater than Madison's.

Question

Table 9-5
  Madison and Austin own Cafe Ole'. Table 9-5 lists the number of empanadas and tacos Madison and Austin can each make in one hour.
-Refer to Table 9-5. Select the statement that accurately interprets the data in the table.
A) Madison has a greater opportunity cost than Austin for making tacos. 
B) Madison's opportunity cost for making tacos is less than Austin's. 
C) Austin has a greater opportunity cost than Madison for making empanadas. 
D) Austin's opportunity cost for making tacos and making empanadas are both greater than Madison's.

Quizplus · Accepted Answer

The statement suggests that Madison's opportunity cost for making tacos is less than Austin's, meaning Madison sacrifices less of another good compared to Austin when producing tacos.

Table 9-5 Madison and Austin Own Cafe Ole'. Table 9-5