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kaarnold98 kaarnold98
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Posts: 496
Rep: 14 0
4 years ago
Daily Output of Russia and Panama
​RussiaPanama
Gloves  40240
Hats120180

    Table 18.1


Refer to Table 18.1. The opportunity cost of a glove in Russia is:

▸ 1/8 of a hat.

▸ 1/3 of a hat.

▸ 3 hats.

▸ 8 hats.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 149 times
22 Replies
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mcwieckmcwieck
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#1
Posts: 388
Rep: 52 0
4 years ago
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wrote...
#2
4 years ago
Daily Output of Russia and Panama
​RussiaPanama
Gloves  40240
Hats120180

    Table 18.1


Refer to Table 18.1. The opportunity cost of a hat in Russia is:

▸ 1/3 of a glove.

▸ 1/2 of a glove.

▸ 2 gloves.

▸ 3 gloves.
wrote...
#3
4 years ago
1/3 of a glove.
wrote...
#4
4 years ago
This site is awesome!
wrote...
#5
4 years ago
Slight Smile Good luck on the rest
wrote...
#6
4 years ago
Daily Output of Russia and Panama
​RussiaPanama
Gloves  40240
Hats120180

    Table 18.1


Refer to Table 18.1. The opportunity cost of a glove in Panama is:

▸ 1/8 of a hat.

▸ 3/4 of a hat.

▸ 4/3 hats.

▸ 8 hats.
wrote...
#7
4 years ago
3/4 of a hat.
wrote...
#8
4 years ago
Daily Output of Russia and Panama
​RussiaPanama
Gloves  40240
Hats120180

    Table 18.1


Refer to Table 18.1. The opportunity cost of a hat in Panama is:

▸ 1/2 of a glove.

▸ 3/4 of a glove.

▸ 4/3 gloves.

▸ 2 gloves.
wrote...
#9
4 years ago
4/3 gloves.
wrote...
#10
4 years ago
Exactly what I needed for my project, TYSM
wrote...
#11
4 years ago
Daily Output of Russia and Panama
​RussiaPanama
Gloves  40240
Hats120180

    Table 18.1


Refer to Table 18.1. Russia has a comparative advantage in:

▸ hats.

▸ gloves.

▸ both hats and gloves.

▸ neither hats nor gloves.
wrote...
#12
4 years ago
hats.
wrote...
#13
4 years ago
Daily Output of Russia and Panama
​RussiaPanama
Gloves  40240
Hats120180

    Table 18.1


Refer to Table 18.1. Panama has a comparative advantage in:

▸ hats.

▸ gloves.

▸ both hats and gloves.

▸ neither hats nor gloves.
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