Figure 16-3
Quantities of goods that can be produced in one day with available resources:

-In Figure 15-3,the opportunity cost in Panama of producing one additional rug is
A)4 bicycles
B)5 bicycles
C)1/4 of a bicycle
D)1/5 of a bicycle
E)2 bicycles

Question

Figure 16-3
Quantities of goods that can be produced in one day with available resources:
 
-In Figure 15-3,the opportunity cost in Panama of producing one additional rug is
A)4 bicycles 
B)5 bicycles 
C)1/4 of a bicycle 
D)1/5 of a bicycle 
E)2 bicycles

Quizplus · Accepted Answer

The Answer of Figure 16-3
Quantities of goods that can be produced in one day with available resources:
 
-In Figure 15-3,the opportunity cost in Panama of producing one additional rug is
A)4 bicycles 
B)5 bicycles 
C)1/4 of a bicycle 
D)1/5 of a bicycle 
E)2 bicycles

Figure 16-3 Quantities of Goods That Can Be Produced in One Day