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tls043 tls043
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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. John's opportunity cost of making a table is ________.

▸ 0.25 of a chair

▸ 1 chair

▸ 4.25 chairs

▸ 4 chairs
Textbook 
Macroeconomics

Macroeconomics


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

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tls043 Author
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2 months ago
This calls for a celebration Person Raising Both Hands in Celebration
mmmm_dat_userna
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Yesterday
Good timing, thanks!
Morgan-C
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2 hours ago
Thanks
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