Refer to the Table Shown Botswana's Opportunity Cost of Producing Nickel (In Terms of Gold)is

Refer to the table shown. $$\begin{array} {c } { \text { Batswana } } \quad\quad { \text { Zimbabwe } } \\\begin{array} { | c | c | c | c | } \hline \text { Gald } & \text { Nickel } & \text { Gold } & \text { Nickel } \\\hline 0 & 300 & 0 & 90 \\\hline 60 & 200 & 18 & 60 \\\hline 120 & 100 & 36 & 30 \\\hline 180 & 0 & 54 & 0 \\\hline\end{array}\end{array}$$ Botswana's opportunity cost of producing nickel (in terms of gold) is:

A) 3/5.
B) 5/3.
C) 60.
D) 100.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free