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briemert2013 briemert2013
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2 months ago
Scenario: Mark can make three tables or one chair in a day, while John can make four tables or one chair in a day.


Refer to the scenario above. Mark's opportunity cost of making a table is ________.

▸ 3 chairs

▸ 1 chair

▸ 0.33 of a chair

▸ 3.33 chairs
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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vicky12345vicky12345
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2 months ago
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More solutions for this book are available here
0.33 of a chair
1

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briemert2013 Author
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2 months ago
Thank you, thank you, thank you!
jasonbourne
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Yesterday
Just got PERFECT on my quiz
dianeflunder
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2 hours ago
Smart ... Thanks!
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