Table 2-20
Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. What is Japan's opportunity cost of producing one wristwatch?
A) 0.04 pounds of rice
B) 4 pounds of rice
C) 25 pounds of rice
D) 40 pounds of rice

Question

Table 2-20
  Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. What is Japan's opportunity cost of producing one wristwatch?
A) 0.04 pounds of rice 
B) 4 pounds of rice 
C) 25 pounds of rice 
D) 40 pounds of rice

Quizplus · Accepted Answer

The Answer of Table 2-20
  Table 2-20 shows the number of labor hours required to produce a wristwatch and a pound of rice in Japan and Thailand.
-Refer to Table 2-20. What is Japan's opportunity cost of producing one wristwatch?
A) 0.04 pounds of rice 
B) 4 pounds of rice 
C) 25 pounds of rice 
D) 40 pounds of rice

Table 2-20 Table 2-20 Shows the Number of Labor Hours