Solved

-Refer to Above Figure to Answer This Question

Question 153

Multiple Choice

  -Refer to above figure to answer this question.What is the opportunity cost of producing 1 apple in Harmony and in Tranquility? A) 2 pears in Harmony and 3 pears in Tranquility. B) 1/2 pear in Harmony and 1/3 pear in Tranquility. C) 2 pears in Harmony and 1/3 pear in Tranquility. D) 1/2 pear in Harmony and 3 pears in Tranquility. E) 3 pears in Harmony and 2 pears in Tranquility.
-Refer to above figure to answer this question.What is the opportunity cost of producing 1 apple in Harmony and in Tranquility?


A) 2 pears in Harmony and 3 pears in Tranquility.
B) 1/2 pear in Harmony and 1/3 pear in Tranquility.
C) 2 pears in Harmony and 1/3 pear in Tranquility.
D) 1/2 pear in Harmony and 3 pears in Tranquility.
E) 3 pears in Harmony and 2 pears in Tranquility.

Correct Answer:

verifed

Verified

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

Related Questions