Refer to Table 2-6. What is Lucy's opportunity cost of making a ...

[sarasara]

Refer to Table 2-6. What is Lucy's opportunity cost of making a tricycle?
 
  A) 3/4 of a wagon B) 2 tricycles C) 3 wagons D) 1 1/3 tricycles

Question 2

Refer to Table 18-3. Given the following exchange rates in the above table, what are the exchange rates stated as U.S. dollars per Danish krone and U.S. dollars per EU euro respectively?
 
  A) 0.02 dollars per krone and 0.70 dollars per euro B) 0.05 dollars per krone and 1.30 dollars per euro
  C) 2.00 dollars per krone and 7.14 dollars per euro D) 0.20 dollars per krone and 1.43 dollars per euro

[FergA]

Answer to Question 1

A

Answer to Question 2

D