The table below illustrates that,in one day,Tristan can produce either 12 fishing lures or mow 3 lawns,while Thomas can produce either 6 fishing lures or mow 6 lawns. TABLE 1-1 Refer to Table 1-1.What is Thomas's opportunity cost of producing one fishing lure?
A) 5 lures
B) 1 mowed lawn
C) 1/6 of a lure
D) 1/6 of a mowed lawn
E) There is no opportunity cost.
Correct Answer:
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