Table 2.11 Table 2.11 shows the output per day of two gardeners, George and Jack.They can either devote their time to mowing lawns or cultivating gardens.
-Refer to Table 2.11.What is Jack's opportunity cost of cultivating a garden?
A)half a garden cultivated
B)two lawns mowed
C)two-thirds of a garden cultivated
D)one and a half lawns mowed

Question

Table 2.11  Table 2.11 shows the output per day of two gardeners, George and Jack.They can either devote their time to mowing lawns or cultivating gardens.
-Refer to Table 2.11.What is Jack's opportunity cost of cultivating a garden?
A)half a garden cultivated 
B)two lawns mowed 
C)two-thirds of a garden cultivated 
D)one and a half lawns mowed

Quizplus · Accepted Answer

Jack's opportunity cost of cultivating a garden is the amount of the next best alternative he gives up, which is mowing lawns. If he gives up mowing one and a half lawns to cultivate a garden, then that is his opportunity cost.

Table 211 Table 2