Table 2.4

Table 2.4 shows the output per week of two jewellers, Sabrina and Holly. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2.4. What is Sabrina's opportunity cost of making a necklace?
A)2 necklaces
B).55 bracelets
C).55 necklaces
D)3/4 of a bracelet

Question

Table 2.4
  
Table 2.4 shows the output per week of two jewellers, Sabrina and Holly. They can either devote their time to making bracelets or making necklaces.
-Refer to Table 2.4. What is Sabrina's opportunity cost of making a necklace?
A)2 necklaces 
B).55 bracelets 
C).55 necklaces 
D)3/4 of a bracelet

Quizplus · Accepted Answer

Sabrina's opportunity cost of making a necklace is the amount of bracelets she forgoes. If she gives up 3/4 of a bracelet to make one necklace, then her opportunity cost is 3/4 of a bracelet.

Table 2.4 Table 2.4 Shows the Output Per Week of Two Jewellers