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The Table Given Below Represents the Output Per Hour of Cookies

Question 58

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    -Bob and Bill can make 16 toys each if they devote 8 working hours in a day. Further, Bob can repair 4 cars and Bill can repair 2 cars, if they devote 8 working hours in a day. What is the opportunity cost of repairing one car to Bob? A) 10 toys B) 8 toys C) 16 toys D) 12 toys E) 4 toys
-Bob and Bill can make 16 toys each if they devote 8 working hours in a day. Further, Bob can repair 4 cars and Bill can repair 2 cars, if they devote 8 working hours in a day. What is the opportunity cost of repairing one car to Bob?


A) 10 toys
B) 8 toys
C) 16 toys
D) 12 toys
E) 4 toys

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