Using all available resources, if a farmer can produce either 85 cantaloupes or 70 watermelons, what is the opportunity cost of 1 cantaloupe to the farmer?
A) .82 watermelons.
B) 1.21 watermelons.
C) 15 watermelons.
D) There is not enough information given to answer this question.
Correct Answer:
Verified
Q95: Table 3-4 Q96: For two people who are planning to Q97: Table 3-4 Q98: Table 3-4 Q99: Table 3-4 Q101: Mike and Sandy are two woodworkers who Q102: What does comparative advantage reflect? Q103: Belarus has a comparative advantage in the Q104: Mike and Sandy are two woodworkers who Q105: For what reason does total output in Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)productivity.
B)relative opportunity cost.
C)efficiency.
D)terms
