The following table describes Buffy's abilities to produce either weapons or food each hour.

-The opportunity cost of an extra unit of food is
A) 0.333 fewer weapons.
B) 3.33 fewer weapons.
C) 33.3 fewer weapons.
D) fewer weapons but the exact number cannot be calculated.
E) 18 fewer weapons.

Question

The following table describes Buffy's abilities to produce either weapons or food each hour.
 
-The opportunity cost of an extra unit of food is
A) 0.333 fewer weapons. 
B) 3.33 fewer weapons. 
C) 33.3 fewer weapons. 
D) fewer weapons but the exact number cannot be calculated. 
E) 18 fewer weapons.

Quizplus · Accepted Answer

The opportunity cost of an extra unit of food is the amount of weapons that must be given up to produce that additional unit of food. The correct answer is 0.333 fewer weapons, indicating that for each additional unit of food produced, 0.333 units of weapons are sacrificed.

The Following Table Describes Buffy's Abilities to Produce Either Weapons