Use the information below to answer the following questions.
Fact 2.3.3
In one hour, Sue can produce 50 caps or 10 jackets, and Tessa can produce 70 caps or 7 jackets.
-Refer to Fact 2.3.3.Sue's opportunity cost of producing a cap is_______ jackets and Tessa's opportunity cost of producing a cap is _______ jackets.
A)0.2; 0.1
B)10; 7
C)0.1; 0.2
D)5; 0.1
E)0.2; 1.0

Question

Quizplus · Accepted Answer

Sue's opportunity cost of producing a cap is 0.2 jackets (10 jackets/50 caps), and Tessa's opportunity cost of producing a cap is 0.1 jackets (7 jackets/70 caps).

Use the Information Below to Answer the Following Questions