For the following question(s), use the accompanying table.
Table 3-2

-Refer to Table 3-2.For Carolyn,the opportunity cost of 1 quilt is
A)0.5 dresses.
B)1 dress.
C)2 dresses.
D)3 dresses.

Question

For the following question(s), use the accompanying table.
Table 3-2
 
-Refer to Table 3-2.For Carolyn,the opportunity cost of 1 quilt is
A)0.5 dresses. 
B)1 dress. 
C)2 dresses. 
D)3 dresses.

Quizplus · Accepted Answer

The opportunity cost of producing one quilt for Carolyn is 2 dresses, as she foregoes the production of 2 dresses to make 1 quilt.

For the Following Question(s), Use the Accompanying Table