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anymous anymous
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A week ago
The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 lawns, while Thomas can produce either 6 fishing lures or mow 6 lawns.

Fishing LuresMowed Lawns
Tristan123
Thomas66

TABLE 1-1

Refer to Table 1-1. What is Tristan's opportunity cost of producing one fishing lure?

▸ 4 mowed lawns

▸ one mowed lawn

▸ 3 mowed lawns

▸ 1/4 of a mowed lawn

▸ 1/3 of a mowed lawn
Textbook 

Microeconomics


Edition: 17th
Author:
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shanej399shanej399
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A week ago
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1/4 of a mowed lawn

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anymous Author
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A week ago
Smart ... Thanks!
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Brilliant
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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