Use the following scenario to answer the following questions:
Rosa and Dirk produce basketballs and footballs.Rosa can produce six basketballs per hour or two footballs per hour.Dirk can produce three basketballs per hour or four footballs per hour.
-Based on the scenario,Dirk's opportunity cost of one basketball is ________ football(s).

Question

Quizplus · Accepted Answer

Dirk's opportunity cost of producing one basketball is the amount of footballs he could have produced instead. Since Dirk can produce 4 footballs per hour, producing one basketball (which takes 1/3 of an hour for him) means he gives up 4/3 footballs, which is one and a third footballs.

Use the Following Scenario to Answer the Following Questions