Table 3-1
-Refer to Table 3-1. What is the opportunity cost of 1 kg of meat for the Rancher?
A) 4 hours of labour.
B) 5 hours of labour.
C) 5/4 kg of potatoes.
D) 4/5 kg of potatoes.
Correct Answer:
Verified
Q7: What is the difference between production possibilities
Q8: Which of the following is NOT correct?
A)Trade
Q9: Table 3-2 Q10: When will a production possibilities frontier be Q11: When can a country's consumption possibilities frontier Q13: Table 3-1 Q14: Table 3-1 Q15: What is the best reason for people Q16: Regan grows flowers and makes vases. Jayson Q17: Table 3-1 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