The Farm Factory, a booth at the local Farmer's Market, sells ...

[dejastew]

The Farm Factory, a booth at the local Farmer's Market, sells fresh eggs for 1.50 per dozen and fresh milk for 2.50 per gallon. What is the opportunity cost of buying a gallon of milk?
 
  A) 3/5 of a dozen eggs B) 1.50 C) 1 2/3 dozen eggs D) 2.50

Question 2

Refer to Table 7-6. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many belts will Morocco consume?
 
  A) 60 B) 70 C) 90 D) 120

[deja]

Answer to Question 1

C

Answer to Question 2

B