-In the above table,for Mary the opportunity cost of producing a dress is ________,and the opportunity cost for Mark of producing a dress is ________.
A) 1 1/2 jackets; 2/3 of a jacket
B) 1 1/2 jackets; 2 1/2 jackets
C) 1 1/4 jackets; 1/2 of a jacket
D) 1 jacket; 1 jacket
E) 1 dress; 1 dress

Question

-In the above table,for Mary the opportunity cost of producing a dress is ________,and the opportunity cost for Mark of producing a dress is ________.
A) 1 1/2 jackets; 2/3 of a jacket 
B) 1 1/2 jackets; 2 1/2 jackets 
C) 1 1/4 jackets; 1/2 of a jacket 
D) 1 jacket; 1 jacket 
E) 1 dress; 1 dress

Quizplus · Accepted Answer

The opportunity cost of producing one item is the amount of another item that must be given up to produce it. Without the specific table data, the correct answer cannot be determined, but choice A is selected based on the format of the question.

-In the Above Table,for Mary the Opportunity Cost of Producing