Jose and Maria work at a restaurant. Jose can make either 10 pancakes or 4 waffles; Maria can make either 8 pancakes or 2 waffles. According to this scenario, the opportunity cost of making one waffle for Maria is
A) 4 pancakes.
B) 1/4 pancake.
C) 2 1/2 pancakes.
D) 2/5 pancake.

Question

Quizplus · Accepted Answer

Maria can make either 8 pancakes or 2 waffles, meaning for every waffle she makes, she gives up the opportunity to make 4 pancakes (8 pancakes / 2 waffles = 4 pancakes per waffle).

Jose and Maria Work at a Restaurant