Table 18-3
Bryce and Tina are artisans who produce homemade candles and soap. Table 18-3 lists the number of candles and bars of soap Bryce and Tina can each produce in one month.
-Refer to Table 18-3.Select the statement that accurately interprets the data in the table.
A) Bryce has a greater opportunity cost than Tina for making candles.
B) Bryce's opportunity cost for making candles is less than Tina's.
C) Tina has a greater opportunity cost than Bryce for making candles.
D) Bryce's opportunity cost for making candles and making soap are both greater than Tina's.
Correct Answer:
Verified
Q27: What is an 'open economy'?
Q35: Table 18-3 Q37: Table 18-3 Q39: Table 18-2 Q39: Assume that Bulgaria has a comparative advantage Q42: Table 18-6 Q42: What does it mean for a country Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
![]()
![]()
![]()
Production and
Consumption Production
Without Trade With Trade