Exhibit 2-1
$$\begin{array} { l r r }
& \text { Hans } & \text { Maria } \
\hline \text { Loads of laundry per hour } & 4 & 12 \
\text { Pages typed per hour } & 6 & 8
\end{array}$$
-Refer to the exhibit.What is Hans' opportunity cost of typing one page?

Question

Exhibit 2-1
 $$\begin{array} { l r r } 
& \text { Hans } & \text { Maria } \
\hline \text { Loads of laundry per hour } & 4 & 12 \
\text { Pages typed per hour } & 6 & 8
\end{array}$$
-Refer to the exhibit.What is Hans' opportunity cost of typing one page?

Quizplus · Accepted Answer

The opportunity cost of typing one page for Hans is the number of loads of laundry he could have done instead. In one hour, Hans can do 6/4 = 1.5 pages per load of laundry. Therefore, his opportunity cost of typing one page is 2/3 of a load of laundry. Option D is the correct answer.

Exhibit 2-1 -Refer to the Exhibit