Table 3-5

-Refer to Table 3-5.What is the opportunity cost of one car for Canada?
A)4 airplanes
B)3 airplanes
C)1/3 airplane
D)1/4 airplane

Name: Table 3-5 -Refer to Table 3-5.What is the opportunity cost of one car for Canada? A)4 airplanes B)3 airplanes C)1/3 airplane D)1/4 airplane
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Question

Table 3-5
 
-Refer to Table 3-5.What is the opportunity cost of one car for Canada?
A)4 airplanes 
B)3 airplanes 
C)1/3 airplane 
D)1/4 airplane

Quizplus · Accepted Answer

The opportunity cost of one car for Canada is 1/4 airplane, meaning Canada gives up 1/4 of an airplane to produce one car.

Table 3-5 -Refer to Table 3-5.What Is the Opportunity Cost of One