Table 3-21
Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. The following table shows the number of coolers or number of radios each country can produce in one day.
-Refer to Table 3-21. Suppose Jamaica decides to increase its production of radios by 12. What is the opportunity cost of this decision?
A)3 coolers
B)6 coolers
C)12 coolers
D)24 coolers

Question

Table 3-21
Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. The following table shows the number of coolers or number of radios each country can produce in one day. 
-Refer to Table 3-21. Suppose Jamaica decides to increase its production of radios by 12. What is the opportunity cost of this decision?
A)3 coolers 
B)6 coolers 
C)12 coolers 
D)24 coolers

Quizplus · Accepted Answer

The Answer of Table 3-21
Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate. The following table shows the number of coolers or number of radios each country can produce in one day. 
-Refer to Table 3-21. Suppose Jamaica decides to increase its production of radios by 12. What is the opportunity cost of this decision?
A)3 coolers 
B)6 coolers 
C)12 coolers 
D)24 coolers

Table 3-21 Assume That Jamaica and Norway Can Switch Between Producing Coolers