Table 3-4

-Refer to Table 3-4.Denmark's opportunity cost of producing 1dozen eggs is
A) 5/4 pounds of ham.This is higher than Finland's opportunity cost of producing 1dozen eggs.
B) 5/4 pounds of ham.This is lower than Finland's opportunity cost of producing 1 dozen eggs.
C) 4/5 pounds of ham.This is higher than Finland's opportunity cost of producing 1 dozen eggs.
D) 4/5 pounds of ham.This is lower than Finland's opportunity cost of producing 1 dozen eggs.

Question

Table 3-4
 
-Refer to Table 3-4.Denmark's opportunity cost of producing 1dozen eggs is
A) 5/4 pounds of ham.This is higher than Finland's opportunity cost of producing 1dozen eggs. 
B) 5/4 pounds of ham.This is lower than Finland's opportunity cost of producing 1 dozen eggs. 
C) 4/5 pounds of ham.This is higher than Finland's opportunity cost of producing 1 dozen eggs. 
D) 4/5 pounds of ham.This is lower than Finland's opportunity cost of producing 1 dozen eggs.

Quizplus · Accepted Answer

The Answer of Table 3-4
 
-Refer to Table 3-4.Denmark's opportunity cost of producing 1dozen eggs is
A) 5/4 pounds of ham.This is higher than Finland's opportunity cost of producing 1dozen eggs. 
B) 5/4 pounds of ham.This is lower than Finland's opportunity cost of producing 1 dozen eggs. 
C) 4/5 pounds of ham.This is higher than Finland's opportunity cost of producing 1 dozen eggs. 
D) 4/5 pounds of ham.This is lower than Finland's opportunity cost of producing 1 dozen eggs.

Table 3-4 -Refer to Table 3-4.Denmark's Opportunity Cost of Producing 1dozen Eggs