-Use the above table. Assuming constant opportunity costs, the opportunity cost of producing knives in country Alpha is ________, and the opportunity cost of producing knives in country Beta is ________.
A)2 forks; 0.33 knife
B)0.5 knife; 3 forks
C)1.5 forks; 0.25 fork
D)0.67 fork; 4 forks

Question

-Use the above table. Assuming constant opportunity costs, the opportunity cost of producing knives in country Alpha is ________, and the opportunity cost of producing knives in country Beta is ________.
A)2 forks; 0.33 knife 
B)0.5 knife; 3 forks 
C)1.5 forks; 0.25 fork 
D)0.67 fork; 4 forks

Quizplus · Accepted Answer

The Answer of 
-Use the above table. Assuming constant opportunity costs, the opportunity cost of producing knives in country Alpha is ________, and the opportunity cost of producing knives in country Beta is ________.
A)2 forks; 0.33 knife 
B)0.5 knife; 3 forks 
C)1.5 forks; 0.25 fork 
D)0.67 fork; 4 forks

-Use the Above Table