Table 3-4

-Refer to Table 3-4.Finland's opportunity cost of producing 1 unit of ham is
A) 3/2 dozen eggs.This is higher than Denmark's opportunity cost.
B) 3/2 dozen eggs.This is lower than Denmark's opportunity cost.
C) 2/3 dozen eggs.This is higher than Denmark's opportunity cost.
D) 2/3 dozen eggs.This is lower than Denmark's opportunity cost.

Question

Table 3-4
 
-Refer to Table 3-4.Finland's opportunity cost of producing 1 unit of ham is
A) 3/2 dozen eggs.This is higher than Denmark's opportunity cost. 
B) 3/2 dozen eggs.This is lower than Denmark's opportunity cost. 
C) 2/3 dozen eggs.This is higher than Denmark's opportunity cost. 
D) 2/3 dozen eggs.This is lower than Denmark's opportunity cost.

Quizplus · Accepted Answer

The Answer of Table 3-4
 
-Refer to Table 3-4.Finland's opportunity cost of producing 1 unit of ham is
A) 3/2 dozen eggs.This is higher than Denmark's opportunity cost. 
B) 3/2 dozen eggs.This is lower than Denmark's opportunity cost. 
C) 2/3 dozen eggs.This is higher than Denmark's opportunity cost. 
D) 2/3 dozen eggs.This is lower than Denmark's opportunity cost.

Table 3-4 -Refer to Table 3-4.Finland's Opportunity Cost of Producing 1 Unit