Table 3-37
-Refer to Table 3-37. Sarah and Charles are both potters and each can switch between the production of vases and mugs at a constant rate. The table shows the total number of vases or decorative mugs that each person can produce in a six-hour session of producing pottery. Sarah's opportunity cost to produce one vase is
A)0.25 mugs and Charles's opportunity cost of producing one vase is 2.5 mugs
B)4 mugs and Charles's opportunity cost of producing one vase is 2.5 mugs
C)0.25 mugs and Charles's opportunity cost of producing one vase is 0.40 mugs
D)4 mugs and Charles's opportunity cost of producing one vase is 0.40 mugs

Question

Table 3-37  ​
-​Refer to Table 3-37. Sarah and Charles are both potters and each can switch between the production of vases and mugs at a constant rate. The table shows the total number of vases or decorative mugs that each person can produce in a six-hour session of producing pottery. Sarah's opportunity cost to produce one vase is
A)​0.25 mugs and Charles's opportunity cost of producing one vase is 2.5 mugs 
B)​4 mugs and Charles's opportunity cost of producing one vase is 2.5 mugs 
C)​0.25 mugs and Charles's opportunity cost of producing one vase is 0.40 mugs 
D)​4 mugs and Charles's opportunity cost of producing one vase is 0.40 mugs

Quizplus · Accepted Answer

The Answer of Table 3-37  ​
-​Refer to Table 3-37. Sarah and Charles are both potters and each can switch between the production of vases and mugs at a constant rate. The table shows the total number of vases or decorative mugs that each person can produce in a six-hour session of producing pottery. Sarah's opportunity cost to produce one vase is
A)​0.25 mugs and Charles's opportunity cost of producing one vase is 2.5 mugs 
B)​4 mugs and Charles's opportunity cost of producing one vase is 2.5 mugs 
C)​0.25 mugs and Charles's opportunity cost of producing one vase is 0.40 mugs 
D)​4 mugs and Charles's opportunity cost of producing one vase is 0.40 mugs

Table 3-37 ​

Table 3-37