The following table shows that in one day poultry farmers in Arkansas can produce 3 cartons of eggs, while poultry farmers in Idaho can produce 2 cartons of eggs.It takes Arkansas potato farmers one day to produce 30 tons of potatoes, while Idaho potato farmers produce 10 tons of potatoes in that same time. Table 20.4
According to Table 20.4, what is the opportunity cost of 1 crate of eggs in Idaho?
A) 2 tons of potatoes
B) One-fifth of a ton of potatoes
C) 10 tons of potatoes
D) 5 tons of potatoes
E) One-tenth of a ton of potatoes
Correct Answer:
Verified
Q41: Scenario 20.2 Suppose labor productivity differences are
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Q44: Scenario 20.2
Suppose labor productivity differences are the
Q44: Scenario 20.2 Suppose labor productivity differences are
Q51: The first panel in the following figure
Q52: Scenario 20.2
Suppose labor productivity differences are the
Q53: The first panel in the following figure
Q55: The first panel in the following figure
Q56: The following table shows that in one
Q59: Scenario 20.2 Suppose labor productivity differences are
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