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Social Science Clinic => Economics => Macroeconomics => Topic started by: jman1234 on Mar 16, 2019

Title: Table 7-1 Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they ...
Post by: jman1234 on Mar 16, 2019

Table 7-1







Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they had to find and prepare their own food. Rob and Bill spent one day each fishing and picking berries. The table lists the pounds of output Rob and Bill produced.  






Refer to Table 7-1. Use the table above to select the statement that accurately interprets the data in the table.


◦ Bill has a greater opportunity cost than Rob for picking berries.
◦ Bill's opportunity cost for catching fish is less than Rob's.
◦ Rob has a greater opportunity cost than Bill for picking berries.
◦ Bill's opportunity cost for picking berries and catching fish are both greater than Rob's.
Title: Table 7-1 Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they ...
Post by: Jody Vaughn on Mar 16, 2019
Rob has a greater opportunity cost than Bill for picking berries.
Title: Table 7-1 Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they ...
Post by: jman1234 on Mar 16, 2019
Thank you!
Title: Table 7-1 Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where they ...
Post by: Jody Vaughn on Mar 16, 2019
Always glad to help...
Title: Re: Table 7-1 Rob Crusoe and Bill Friday spent their week-long vacation on a desert island where the
Post by: sarah will on Nov 30, 2021
Thank you