-In the above table,for Mary the opportunity cost of producing a dress is ________,and the opportunity cost for Mark of producing a dress is ________.
A)1 1/2 jackets;2/3 of a jacket
B)1 dress;1 dress
C)1 1/2 jackets;2 1/2 jackets
D)1 1/4 jackets;1/2 of a jacket
E)1 jacket;1 jacket

Question

-In the above table,for Mary the opportunity cost of producing a dress is ________,and the opportunity cost for Mark of producing a dress is ________.
A)1 1/2 jackets;2/3 of a jacket 
B)1 dress;1 dress 
C)1 1/2 jackets;2 1/2 jackets 
D)1 1/4 jackets;1/2 of a jacket 
E)1 jacket;1 jacket

Quizplus · Accepted Answer

Mary can produce 1 1/2 jackets or 1 dress, so the opportunity cost of producing a dress is 1 1/2 jackets. Mark can produce 2/3 of a jacket or 1 dress, so the opportunity cost of producing a dress is 2/3 of a jacket.

-In the Above Table,for Mary the Opportunity Cost of Producing