
Table 2.5
Table 2.5 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.
-Refer to Table 2.5. What is Fred's opportunity cost of making a pogo stick?
A) 1/3 unicycle
B) 3 unicycles
C) 6/7 pogo stick
D) 1/2 unicycle
Correct Answer:
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Q84: Table 2.5 Q85: Table 2.4 Q86: Table 2.5 Q100: Table 2-3 Q111: Comparative advantage means the ability to produce Q166: Figure 2-11 Q168: Figure 2-11 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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