Exhibit 2-12 Maria and Hans Production Possibilities for Laundry and Typing
-According to Exhibit 2-12,Maria's opportunity cost of typing a page is

Question

Exhibit 2-12 Maria and Hans Production Possibilities for Laundry and Typing 
-According to Exhibit 2-12,Maria's opportunity cost of typing a page is

Quizplus · Accepted Answer

The opportunity cost of typing a page is the amount of laundry Maria could have done instead. If Maria can type 2 pages in the time it takes to do 3 loads of laundry, then the opportunity cost of typing 1 page is 3/2 loads of laundry.