Table 3-27
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
-Refer to Table 3-27. The opportunity cost of 1 parasol for Huang is
A) 1/3 plate.
B) 1/2 plate.
C) 3 plates.
D) 6 plates.
Correct Answer:
Verified
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