Exhibit 2-1

-According to Exhibit 2-1, Maria's opportunity cost of doing a load of laundry is

Question

Exhibit 2-1
  
-According to Exhibit 2-1, Maria's opportunity cost of doing a load of laundry is

Quizplus · Accepted Answer

The exhibit shows the trade-offs between doing laundry and reading pages of a book. Maria's opportunity cost of doing a load of laundry is the number of pages she could have read instead. From the exhibit, we can see that for every load of laundry, Maria gives up 2/3 of a page she could have read. Therefore, the answer is C.

Exhibit 2-1 -According to Exhibit 2-1, Maria's Opportunity Cost of Doing a Opportunity