Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day.A Canadian worker,on the other hand,can produce 10 pairs of shoes or grow 20 apples per day.The opportunity cost for Canada is:
A)2 apples for each pair of shoes.
B)2 pairs of shoes for each apple.
C)½ apple for each pair of shoes.
D)½ pair of shoes for every 2 apples.

Question

Quizplus · Accepted Answer

The opportunity cost for Canada is 2 apples for each pair of shoes because a Canadian worker can produce 10 pairs of shoes or 20 apples per day, meaning they give up 2 apples for every pair of shoes produced.

Suppose an American Worker Can Make 20 Pairs of Shoes