Use the Information Below to Answer the Following Questions

question 86

Multiple Choice

Use the information below to answer the following questions.
Fact 2.3.1
In an eight- hour day, Andy can produce either 24 loaves of bread or 8 kilograms of butter.In an eight- hour day, Rolfe can produce either 8 loaves of bread or 8 kilograms of butter.
-Refer to Fact 2.3.1.The opportunity cost of producing 1 kilogram of butter is

• A)1 hour for Andy and 1 hour for Rolfe.
• B)3 loaves of bread for Andy and 1/3 loaf of bread for Rolfe.
• C)8 loaves of bread for Rolfe and 24 loaves of bread for Andy.
• D)3 loaves of bread for Andy and 1 loaf of bread for Rolfe.
• E)20 minutes 1/3 hour)for Andy and 1 hour for Rolfe.