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opfaluyi opfaluyi
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A year 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 chair is ________.

▸ 1 table

▸ 4.25 tables

▸ 4 tables

▸ 0.25 of a table
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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daoneandonly300daoneandonly300
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A year ago
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