Graph 3-1
These figures illustrate the production possibilities frontiers for Robinson Crusoe and Friday with 12 hours of labour.
-Refer to Graph 3-1. For Robinson Crusoe, the opportunity cost of 1 kg of fish is:
A) 2 kg of coconuts
B) 1/2 kg of coconuts
C) 4 kg of coconuts
D) 1/4 kg of coconuts

Question

Graph 3-1
  These figures illustrate the production possibilities frontiers for Robinson Crusoe and Friday with 12 hours of labour.
-Refer to Graph 3-1. For Robinson Crusoe, the opportunity cost of 1 kg of fish is:
A) 2 kg of coconuts 
B) 1/2 kg of coconuts 
C) 4 kg of coconuts 
D) 1/4 kg of coconuts

Quizplus · Accepted Answer

The Answer of Graph 3-1
  These figures illustrate the production possibilities frontiers for Robinson Crusoe and Friday with 12 hours of labour.
-Refer to Graph 3-1. For Robinson Crusoe, the opportunity cost of 1 kg of fish is:
A) 2 kg of coconuts 
B) 1/2 kg of coconuts 
C) 4 kg of coconuts 
D) 1/4 kg of coconuts

Graph 3-1 These Figures Illustrate the Production Possibilities Frontiers for Frontiers