The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns.
TABLE 1-1
-Refer to Table 1-1.What is Tristan's opportunity cost of producing one mowed lawn?
A)one fishing lure
B)3 fishing lures
C)4 fishing lures
D)6 fishing lures
E)12 fishing lures

Question

The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns.
  TABLE 1-1
-Refer to Table 1-1.What is Tristan's opportunity cost of producing one mowed lawn?
A)one fishing lure 
B)3 fishing lures 
C)4 fishing lures 
D)6 fishing lures 
E)12 fishing lures

Quizplus · Accepted Answer

The opportunity cost of producing one mowed lawn is the number of fishing lures Tristan could have produced instead. According to the table, Tristan can produce either 1 mowed lawn or 4 fishing lures, so the opportunity cost is 4 fishing lures.

The Table Below Illustrates That,in One Day,Tristan Can Produce Either