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 Robinson Crusoe