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Author Question: Suppose one unit of labour can produce either 5 units of wool or 2 pineapples. What is the ... (Read 65 times)

am7272

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on: Oct 12, 2022

Question 1

Suppose one unit of labour can produce either 5 wool sweaters or 2 pineapples. What is the opportunity cost of producing one wool sweater?
◦ 2/5 of a pineapple
◦ zero pineapples
◦ 2 pineapples
◦ 5 pineapples
◦ 5/2 pineapples

Question 2

Suppose one unit of labour can produce either 5 units of wool or 2 pineapples. What is the opportunity cost of producing 1 pineapple?
◦ 5/2 units of wool
◦ 2 units of wool
◦ zero
◦ 2/5 unit of wool
◦ 5 units of wool
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by am7272 on Oct 12, 2022

hariet5

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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am7272

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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