Table 3-33
Chris and Tony's Production Opportunities
-Refer to Table 3-33 Chris and Tony both produce tomatoes and pasta sauce. The table shows their possible production per month if both work the same number of 8 hour days. Given this information, Chris's opportunity cost of 1 lb. of tomatoes is
A) 2 jars of sauce and Tony's opportunity cost of 1 lb. of tomatoes is 3 jars of sauce.
B) 3 jars of sauce and Tony's opportunity cost of 1 lb. of tomatoes is 2 jars of sauce.
C) 20 jars of sauce and Tony's opportunity cost of 1 lc. of tomatoes is 30 jars of sauce.
D) 30 jars of sauce and Tony's opportunity cost of 1 lb. of tomatoes is 20 jars of sauce.
Correct Answer:
Verified
Q123: Figure 3-22
Alice and Betty's Production Possibilities in
Q127: Figure 3-23
The graph below represents the various
Q128: Figure 3-23
The graph below represents the various
Q135: Figure 3-23
The graph below represents the various
Q324: Table 3-32
US and French Production Opportunities
Q325: Table 3-31 Q328: Table 3-31 Q333: Table 3-32 Q334: Table 3-31 Q339: Table 3-31 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
US and French Production Opportunities
