Table 3-8
Assume that Kito and Penda can switch between producing baskets and producing birdhouses at a constant rate.

-Refer to Table 3-8.The opportunity cost of 1 basket for Kito is
A) 1/4 birdhouse.
B) 2/3 birdhouse.
C) 3/2 birdhouses.
D) 4 birdhouses.

Question

Table 3-8
Assume that Kito and Penda can switch between producing baskets and producing birdhouses at a constant rate.
 
-Refer to Table 3-8.The opportunity cost of 1 basket for Kito is
A) 1/4 birdhouse. 
B) 2/3 birdhouse. 
C) 3/2 birdhouses. 
D) 4 birdhouses.

Quizplus · Accepted Answer

The Answer of Table 3-8
Assume that Kito and Penda can switch between producing baskets and producing birdhouses at a constant rate.
 
-Refer to Table 3-8.The opportunity cost of 1 basket for Kito is
A) 1/4 birdhouse. 
B) 2/3 birdhouse. 
C) 3/2 birdhouses. 
D) 4 birdhouses.

Table 3-8 Assume That Kito and Penda Can Switch Between Producing Baskets