Table 2-9

Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.What is Honduras's opportunity cost of producing one sailboat?
A)1/5 of a canoe
B)1.5 canoes
C)4 canoes
D)5 canoes

Question

Table 2-9
  
Table 2-9 shows the number of labor hours required to produce a canoe and a sailboat in Guatemala and Honduras.
-Refer to Table 2-9.What is Honduras's opportunity cost of producing one sailboat?
A)1/5 of a canoe 
B)1.5 canoes 
C)4 canoes 
D)5 canoes

Quizplus · Accepted Answer

The opportunity cost of producing one sailboat in Honduras is 5 canoes, as it means giving up the production of 5 canoes to produce one sailboat.

Table 2-9 Table 2-9 Shows the Number of Labor Hours Required to of Labor