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Use the Following Table Showing Production Possibilities for Saxophones and Brass

Question 52

Multiple Choice

Use the following table showing production possibilities for saxophones and brass lamps from one unit of resources in Country S and one unit of resources in Country T.
Use the following table showing production possibilities for saxophones and brass lamps from one unit of resources in Country S and one unit of resources in Country T.    -The opportunity cost to Country T of producing one saxophone is: A)  1 lamp. B)  5 lamps. C)  10 lamps. D)  1/2 lamp.
-The opportunity cost to Country T of producing one saxophone is:


A) 1 lamp.
B) 5 lamps.
C) 10 lamps.
D) 1/2 lamp.

Correct Answer:

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