Robinson Crusoe divides his time between catching fish and gathering fruit.Part of his production possibilities frontier is given in the above table.If Mr.Crusoe is on his PPF and he increases the amount of fruit he gathers from 56 to 90 pounds,the opportunity cost is
A) 37 pounds of fish.
B) 31 pounds of fish.
C) 17 pounds of fish.
D) 34 pounds of fruit.
E) 90 pounds of fruit.
Correct Answer:
Verified
Q66: To find the opportunity cost of producing
Q67: Q68: Robinson Crusoe divides his time between catching Q69: Q70: Q72: Q73: To calculate the opportunity cost per unit,you Q74: The opportunity cost of producing one more Q75: Q76: 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