Suppose a gardener produces both green beans and corn in her garden. If the opportunity cost of one bushel of corn is 3/5 bushel of green beans, what is the opportunity cost of 1 bushel of green beans?
A) 5/3 bushels of corn.
B) 2/5 bushel of corn.
C) 5/2 bushels of corn.
D) 8/5 bushels of corn.
Correct Answer:
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A)capital costs.
B)labour
These graphs illustrate the production possibilities