Table 3-6

-Refer to Table 3-6.What is the opportunity cost of one unit of cheese in Italy
A)1/4 bread
B)1/2 bread
C)2 breads
D)4 breads

Name: Table 3-6 -Refer to Table 3-6.What is the opportunity cost of one unit of cheese in Italy A)1/4 bread B)1/2 bread C)2 breads D)4 breads
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Question

Table 3-6
 
-Refer to Table 3-6.What is the opportunity cost of one unit of cheese in Italy
A)1/4 bread 
B)1/2 bread 
C)2 breads 
D)4 breads

Quizplus · Accepted Answer

The opportunity cost of one unit of cheese in Italy is 1/4 bread. This is because one unit of cheese can be traded for 1/4 bread, or 1/2 unit of bread.

Table 3-6 -Refer to Table 3-6.What Is the Opportunity Cost of One