These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4

-Refer to Figure 3-4.The opportunity cost of 1 pie for Betty is
A)1/4 loaf of bread.
B)3/4 loaf of bread.
C)1 loaf of bread.
D)4/3 loaves of bread.

Question

These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4
 
-Refer to Figure 3-4.The opportunity cost of 1 pie for Betty is
A)1/4 loaf of bread. 
B)3/4 loaf of bread. 
C)1 loaf of bread. 
D)4/3 loaves of bread.

Quizplus · Accepted Answer

The Answer of These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4
 
-Refer to Figure 3-4.The opportunity cost of 1 pie for Betty is
A)1/4 loaf of bread. 
B)3/4 loaf of bread. 
C)1 loaf of bread. 
D)4/3 loaves of bread.

These Figures Illustrate the Production Possibilities Available to Barney and Betty