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The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 ...

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The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 ...

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 Lures	Mowed Lawns
Tristan	12	3
Thomas	6	6

TABLE 1-1

Refer to Table 1-1. What is Thomas's opportunity cost of producing one mowed lawn?

▸ 0 fishing lures

▸ 1/6 fishing lure

▸ 6 fishing lures

▸ 12 fishing lures

▸ one fishing lure

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

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