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-(Table: Coffee and Salmon Production Possibilities)Use Table: Coffee and Salmon Production Possibilities.The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good.The opportunity cost of producing 1 unit of coffee for Brazil is _____ salmon.
A)2
B)0.25
C)1
D)0.5

Question

Use the following to answer question:

-(Table: Coffee and Salmon Production Possibilities)Use Table: Coffee and Salmon Production Possibilities.The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good.The opportunity cost of producing 1 unit of coffee for Brazil is _____ salmon.
A)2 
B)0.25 
C)1 
D)0.5

Quizplus · Accepted Answer

The opportunity cost of producing 1 unit of coffee for Brazil is found by comparing the trade-off between coffee and salmon. If Brazil produces 1 more unit of coffee, it gives up 0.5 units of salmon, based on the production possibilities given in the table.

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