Table 2-15
Table 2-15 shows the output per day of two gardeners, George and Jack. They can either devote their time to mowing lawns or cultivating gardens.
-Refer to Table 2-15. What is Jack's opportunity cost of cultivating a garden?
A) half a garden cultivated
B) two lawns mowed
C) two-thirds of a garden cultivated.
D) one and a half lawns mowed

Question

Table 2-15
  Table 2-15 shows the output per day of two gardeners, George and Jack. They can either devote their time to mowing lawns or cultivating gardens.
-Refer to Table 2-15. What is Jack's opportunity cost of cultivating a garden?
A) half a garden cultivated 
B) two lawns mowed 
C) two-thirds of a garden cultivated. 
D) one and a half lawns mowed

Quizplus · Accepted Answer

Opportunity cost is what you give up to do something else. If Jack's opportunity cost of cultivating a garden is one and a half lawns mowed, it means that by choosing to cultivate a garden, he forgoes the opportunity to mow one and a half lawns.

Table 2-15 Table 2-15 Shows the Output Per Day of Day