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The Table Given Below Represents the Output Per Hour of Cookies

Question 47

Multiple Choice

The table given below represents the output per hour of cookies and chilies in Ohio and Iowa.Table 2.4
The table given below represents the output per hour of cookies and chilies in Ohio and Iowa.Table 2.4    -Refer to Table 2.4. The opportunity cost of a chili in Ohio is: A) the same as in Iowa. B) 1/4 unit of a cookie. C) 4 units of cookies. D) 1/8 unit of a cookie. E) 8 units of cookies.
-Refer to Table 2.4. The opportunity cost of a chili in Ohio is:


A) the same as in Iowa.
B) 1/4 unit of a cookie.
C) 4 units of cookies.
D) 1/8 unit of a cookie.
E) 8 units of cookies.

Correct Answer:

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